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I have an opportunity to purchase a triplex with a partner. The triplex is occupied and currently bringing in positive cash flow. Since it’s an investment property, my lender told me we would need to put down 25%. My ...
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Hi BP community!
Glad to meet everyone on BP, it's been a while since I've found such an active forum community. I'm completely new to real estate. Been settling into my job for the last year, and looking to...
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I've been contemplating how to maximize my access to cheap debt. I currently own over a million dollars in single-family rental properties and have a secondary HELOC on one of them which is allowing me to access some ...
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What can I do as a buyer about a seller unmotivated to close?
I was set to close on my first house on 2/24. The day before, there was a chimney fire that caused some damage. Insurance paid out to the seller for the ...
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Hello,
I'm an investor based in Seattle seeking opportunities in markets that offer positive cash flow. I'm looking to connect with an investor-friendly broker who has deep knowledge of the area and can identify cash...
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I came across in rent to retirement podcast that there is a 5% downpayment option for investment properties from a credit union. Does anyone know the name of credit union and used it for lending to buy investment prop...
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Hey BP!I wanted to get some insight and advice from the BP community.I’ve decided to get started with investing (finally),however, I’m am stuck with the analysis paralyses.I’ve chosen my geographical location to be th...
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Hi Everyone, thank you for your time, I am a newbie so please be nice! :)
I have following Assets:
Rental property - Purchase price 120K (Current Value 200K) - fully paid - bringing $1450 a month
Primary Residence ...
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Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?In addition to ou...
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First of all there's no location option for Springfield, MO so I just picked one of the MO cities.My partner and I have invited some friends and family to invest with us in a deal that we are in underwritting for now....