Sandy Ruiz
First Property in the BAG!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fort Lauderdale.
Purchase price: $310,000
Cash invested: $200
Closed on our first duplex! Purchased it for $20,000 below ...
Hajarah Shakir
Best Loans for REI
I’m just starting out in real estate and I am looking to house hack a multi family in Massachusetts. I have around $40k saved for a down payment. Would rather put as little down as possible just Incase I need to rehab...
Jimmy Feliciano
Open Ended Mortgages?
Hello all, first-time home buyer here. (I am only 20 so I barely know what I'm doing) I am interested in finding a primary residence in upstate NY. Everything is a bit out of my price range and I have been looking at ...
James Bailey
Dipping my toe in the waters of rental properties
I'm new to real estate investing but want to grow my investments beyond the paper assets we have. I live in Southern California but don't believe that investing here is in my best interests given the high cost of livi...
Nick Hawthorne
How do you start to price building a home?
Hi - I'm looking into different options to buy or build a luxury vacation home that can be used primarily as an STR to cover the costs and then be a getaway for my family several times per year. One idea we've been di...
Evan Coburn
starting with a Single family or Mulit family? advice
i want to end up in multi family homes in the long run, but i have no money down, no money for vacancy,repairs,rehab, etc.. my idea was to start with a single family home(easier) with good equity, live in it. but fix ...
Marty Gold
Is it worth shopping for rates?
Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
Account Closed
Brrrr method loans
Does anyone know if a bank would give me extra money in my loan for renovations when doing brrrr method
J. Mitchell Bernier
WF predicts WSJ Prime will rise to 7% by year end
A recent article from Wells Fargo Economists show predict that the WSJ Prime rate will be at 7% by Q4 of 2022. Now as most of you know Prime rate doesn't directly affect 30yr mortgages rates, but 99% of all commercial...
Kevin Phu
3.5/20% w/ lower mortage or 0% with high mortage?
Hello BPers! This has been a question/issue that I have been trying to figure out for a while now. I plan on purchasing my first property within in the next year. I have VA loans available to me but I'm unsure of how/...