I still have a few things to square up before I start looking for properties but recently learned that traditional lenders will only consider rental income after 2 years of being a land lord. I was at a real estate me...
My dad owns 41 units right together. He has $800,000 in them. The rent from them have been paying the loan for 4 or 5 years. He said a few years ago they appraised around 1.2m and since then have fixed several of them...
I have an account with TransUnion's MySmartMove.com before I ever heard of BP. Now that I love BP, I want to support them and went to TU's SmartMove via BP. It said I didn't have an account... so I made one thinking m...
Hi everyone! I’ve been listening to the podcasts and checking out the forums—you have an amazing community here. I’m an urban planner in New York for my day job, but I want to start buy-and-hold investing in apartment...
Hello BP,I am a few months away from being in a position to focus more on real estate investing, and I would appreciate some advice on strategies from people with more experience. I currently have 3 rental properties...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $106,625
Cash invested: $48,000
Sale price: $235,000
Flip was purchased with termite damage and was mostly gutt...
Apartment - asking 450. Can get it for 425Total FeesHOA- 397Taxes- 388Insurance- 157Would put 200-250 k down.Renter in it now pays 2650. Probably can get 2800 to 2900Is this worth the investment?
I’m trying to get started in real estate to provide additional income for flight school and eventually buy a home in San Diego. Is it a bad time to invest in real estate? And also I want to invest out of state.
Let's say a person makes 11k a month and his/her monthly credit obligations add up to 5k monthly (this includes three mortgages). This person is essentially tapped out as far as debit:income goes. This person wants to...
Cheers to breaking the ice on my first newbie question!I planned on getting approved for a loan this week until I was recently informed by a manager I could receive additional hours within ~ 1 month.These hours would ...