Good morning. I am a new investor and purchased my first duplex approx. one year ago in a rural town in Northern Maine (pop. 5000). Purchase price $60000, 20% down, 4.625% for 15 years. Two 3 bedroom units. $1500 ...
Hi everyone, I've been very hesitant for my first post, but here goes. I'm a retired contractor with 30 years experience and want to get into real estate investing/house flipping. When I say I'm hesitant, it's because...
Hello
I'm thinking about buying a property on the auction.
Can anyone share the experience and give some tips ? the good the bad the worse ?
Michael
Usually am not too involved with my parent financial matters, but now with things so bad in New York City, I invited them stay with me until New York gets back to normal. Today I picked up mail from their property, an...
I have an opportunity for a solid STR in the Catskills of New York, but it has a few hurdles. 1. It's rural 2. It would be an STR 3. The owner is willing to finance, but wants a 50% down payment (75k).
I've asked ar...
Today I went with my girlfriend to a bank to talk to them about a mortgage. They asked about our credit and we said we've been working hard to keep it perfect, and they asked if they could look at it.I specifically as...
Hi everybody,
I am looking to purchase my first rental property and I do not think I am ready yet based on feedback I have received from multiple people.
I do not have enough money for a downpayment on a conventiona...
There is a tendency for investors to think if they are not hitting a home run all the time, that they're not being a successful investor. I was fortunate enough to be very poor when I started investing. That meant a l...
Hi BP community! . I have been doing REI for a few years now and have always been with either friends or family and not always gotten the best deal out of it. so i deiced to keep pushing forward and get my own busines...
Hi BP Family, Just wanted to put some good vibes out on BP... I had been trying to get into real estate investing for about 7 years... always working in real estate tech companies to try and learn as a vendor. Had bee...