Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
Hey BP community,I am turning my first home into my first rental property. I had a few questions I’m having trouble figuring out that I would really appreciate any insight on.1)how do I structure this in a way that I ...
Hi BP,I am currently being offered seller financing on a portfolio of 4 SF. Terms are 10% down, 30yr @ 4%. Does the seller usually ask a tad above asking price as a concession? I've never done seller financing before ...
I am undercontract on a 1910 house in a small town. There is a great rental market ($1200 for 2/1 apartments) but house prices are still pretty low. The house does not need much to have it rentable but does need serio...
Hey, BP community I wanted to take some time to tell you a little about my thoughts on out-of-state investing as many investors stick to their local markets, but out-of-state real estate investing offers unique opport...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $10,000
I assisted an investor in purchasing the next-door 8 unit building for an e...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
I assisted an investor in purchasing the next-door 8 unit building for an extr...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
I assisted an investor in purchasing the next-door 8 unit building for an extr...
When you cash out refinance a BRRRR that has increased in value, how do you go about paying that back and keep pace to cash out and keep BRRRR-ing on to the next?
I found a property I would like to purchase. It’s got a 15% ROI and in a neighborhood I know could rent well in. It costs $87,500 and my ROI comes from putting 20% down and property mgmt and the whole shebangBasically...