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Hi BP CommunityAsking a question for my Uncle Ruben...who is new to the real estate game..have a question for you guys... he is looking at a property..75k fully rehabbed with a promise of tenants paying $1,100. Ill le...
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Why the banks wont lend for the war zone properties in Rochester?There are lot of properties in rochester with a good cashflow but I heard that banks wont lend not even 70% of LTV. Any information helps alot.thanks
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Investment Info:
Single-family residence fix & flip investment in Warrior.
Purchase price: $375,000
Cash invested: $12,000
Sale price: $520,000
We bought this house as a primary residence ...
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What taxes do you pay when you receive passive income?
also can someone please give some details on other types of income.
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doing this for a boss, little experience...
i was quoted a rate for 10 year loan that didn't pay out after the 10 yrs are up.
meaning the loan was for 1.8m and the payments were 11,377 so in 10 years it adds up to ...
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Hello BP!I’m currently on the hunt for my first house to flip. However I am a little nervous about getting my first deal during these strange times. I am curious if any flippers out there have been experiencing large ...
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This is not a question, but more of a rally call behind all our fellow BPer's on here. This is one of the most challenging and unique times for real estate investing, but you are all here reading, posting, and learnin...
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I am really looking forward to making my first deal. How do I get over the fear of getting started? And what steps do I need to take to get the ball rolling?
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Hello all,
I'm new to the game. I have started with an owner occupied triplex about a year ago. Unfortunately for me, I had enough information to start and get myself into trouble, although I have been lucky I haven't...
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Several years ago I was listening to a BP podcast, don't remember the number, and the hosts were saying that a common mistake a lot of new home owners make is that they get approved for a mortgage and instead of buyin...