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Long time listener and reader, first-time poster.I have been scouring my area (Central New Jersey) for two years to find a value-add deal and have had very little luck. I am a strong believer in the BRRRR strategy but...
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I am looking to buy my first property and I found one that I am interested in. I'll have to owner occupy this property and house hack in order to get the financing I need to get my feet wet.When I run the numbers ful...
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Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...
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There is this house in my friends neighborhood, nice colonial nice neighborhood and typical nice people. Husband went/going through Bankruptcy and house in wifes name is being foreclosed on. Bank got the judgement an...
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So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
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While driving around for dollars I came a cross a property I would really like to get. I talked to a neighbor and they said its been empty for 3 years now. There is a winter warning sign inside the window with the na...
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looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
When I bought my first home, the seller came in an hour early to sign paperwork so they never had to meet me. The attorney said this was normal for his personality. I found it rude and impersonal. Since then, I've ...
Hi Everyone,I'm currently an investor in 2-4 unit buildings and am interested to hear your thoughts about whether to 'level up' into larger multi-family or commercial properties, expand into new markets, or continue o...
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As a noob, would be curious to know what is everyone's process to get to receiving that monthly rental check?Here is my process I have thought out for now, please feel free to critique/provide improvements based on ex...