Tausen Richmond
What options do I have?
With no previous real estate experience. I am wanting to start out with a 4 plex. I have 100k for down payment. Just stated working again only making 25k a year. Is that even possible? What kind of financing can I get?
Matthew Hollister
Evicting, another tenant lent items to tenant being evicted.
One of my tenants let my fathers tenant borrow a mower and a few other items. My tenant is the EX-mother in-law to my fathers tenant she is claiming they lent him a mower and a few other misc things and was wondering ...
Scott Passman
Setting Record Straight on Recessions
There seems to be a lot of misconceptions about what a recession means and especially for real estate investors. Yes, a recession is coming. But by nature of a cyclical economy it is either always coming or here alre...
Mike Ojo
Need Advice on How to structure a deal with Partners
It's been a challenge getting financing from banks mainly because I'm self-employed and I haven't had a W2 in years. Now I'm being creative and looking to raise money outside of the banks with private funding. For tho...
Jennifer Wood
PMI Cancellation Advice
I am a first time homeowner. I recently paid down my loan so that I had 80% LTV. As advised by my mortgage company, I sent a written request to cancel PMI and an appraisal was done. According to the report, the curren...
Ryan Corcoran
67 unit NH Deal (13 residential and mixed use buildings)
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $4,500,000
67 unit portfolio purchased from a large investor in NH. 13 different properties over three different ...
Brad S.
Affordability got Crushed! HUGE payment differences 2023 vs 2022.
I created a couple of charts/matrices to illustrate the affect that rapid rise in interest rates had on monthly payments, which in turn affects affordability. I'm guessing many BP visitors don't raalize the real diffe...
Kim LeJeune
Tax Advice for a "Lease Option".
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...
Eran Hahn
DSCR LOANS recommendations in St. Louis
hi. does anyone have any information regarding DSCR loans in St. Louis, MO?
any advice as to which banks or credit unions offer the best deals would be appreciated
Thank you
Carlos Ptriawan
When CD performs better than real estate and 401k
This month is the strangest month in the whole US economic history.CD is now offering 6.0%401k with 60% stock and 40%bond allocation is mere flat this month, if you are 100% bond you're wiped out 15%.10 year yield of ...