Hi all, My name is Bob new to BP. I live in the Boston area, 15 minutes south of Boston. I am trying to get financing for my first flip, and have been shot down by 3 banks for a 30 year fixed rate ( not sure if...
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I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
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Hello! I have to say I am obsessed with the idea of building wealth through real estate. I am working on learning how to get my first BRRRR property, but looking for the area to invest in, where the numbers make sense...
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Hi, I own an investment property 2 apartment building in Chicago, that currently has over 200k equity (bought in 2012). Cashlow from renting is about $1100 monthly. I feel I am ready to invest again, maybe doing a BRr...
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I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
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Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
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I am in San Diego looking to invest in Memphis, Kansas City or NW Indiana and would like recommendations for Turnkey Companies. I'd like to hear about your experience with the company, why you chose to work with them ...
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Hi everyone, I found a lender in Canada that will lend up to 75% total construction cost including land. A fully open term, no standby fees for funds not drawn, interest reserve held during the course of construction...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
This was my first investment property purchase. Four-family purchased with a 25% down payment. Was able...
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Has anyone used Starwest Mortgage to fund investment deals? They have an offer for refinancing and no closing costs. I'm always skeptical of anything that sounds to good to be true. A quick search of google and lendin...