I'm looking at purchasing a triplex with a private lender. Using the BRRR strategy, I plan to refinance within a year to get cash back out. I am planning to build out two more units on the property (already half-built...
I am looking at a deal here in Fresno Ca the rents are low at about $500 a unit the complex consists of 8 units total 2 2/1 the rest are 1/1. It is in a C-D area where the rents for a 2/1 should be somewhere around $7...
let me begin by thanking everyone involved and particapating in this website! great place for info!
i'm currently in the process of buying a 2 family home with 2 additional store fronts. this is my first venture into...
Good day!I am under contract with a non-warrantable condo and am working with my lender on financing options to do a portfolio loan since i can't get conventional (owner occupancy ratios). The numbers with him work al...
I found a home in my area. Beginning of a short sale. She owes the bank $121k. ARV $220-240k. Its not listed yet but the realtor called me and told me about the deal. She said if i would buy this house that she would ...
Hello,
I am thinking about the idea of looking to invest in a townhouse/condo in either the Dallas or Orlando/Tampa greater areas for a buy and hold rental property that I would like to move into down the road. Areas...
Hey there, I will keep things short and simple, but I will introduce myself and pose an open-ended question with some color as I am genuinely interested in feedback. My name is Richard, I am an owner/operator of a mos...
Hello BP Community,We purchased a foreclosure and the appraisal came back with the Tax Assessment at $129,500 and the appraisal price at $85,000. On the appraisal it looks like they used other foreclosures in the area...
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...
Hey everyone,
I'm an active duty, military physician and have an upcoming move in JUL2022. I'm tired of paying rent and hope to house-hack and continue to invest in rentals in the future. I'm married, have 3 kids, an...