I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...
Basically want to know if we should buy high down payment, low cashflow property in a familiar market vs buying low down payment, higher cashflow in an unfamiliar marketNew to investing, looking to buy condo in desira...
Hello, everyone! My name is Gaby, and I am a new investor in the Houston area. I am thrilled to connect with the BP community and learn from others. My husband and I recently made our first investment property purchas...
A few years ago a bought a condo in Miami in the area called "Upper East Side" of Miami (69th NE st area) which was apparently an up and coming area. Although the values have gone up, my condo has been on the market f...
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
Hello BP Nation, my name is Rehan and I am new to real estate investing. I started by learning with BP books and podcasts and still have so many questions on the process of buying your first property. Below are the st...
Hello all...I am new to the area and definitely new to investment properties. After looking at investing in properties for many years, i am finally at a point where i feel the need to move forward. My long term goal...
I am looking at picking up a property using hard money. End result would be to sell said property or refinance and keep as a buy and hold after all repairs are done. My question is about the BPO and/or Appraisal.
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I am currently running into a road block with local bank (DFW area) and our mortgage company that services the loan now. I bought the property just over a year ago, lived in one unit for the year obligation and renova...
I have two scenarios I’d love some advice on. 1. I have a home I purchased 14 months ago for 475k. Someone made an offer I could not refuse for $725k. I owe 225k on the property. We close in 17 days. I was curious i...