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Location: MarylandA quick back story. My grandparents own 15+ acres of land. Which they divided up to their kids and kept some. My grand parents have already built a 4-story home on 5 acres, including a barn, pool and...
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Hi,
I am new in Real Estate investment. I am looking for a rental property and I need to borrow some money. I have some questions/concerns. What can go wrong during borrowing money from private lenders or hard money ...
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Hi All,I will likely be selling a property soon that will have a large capital gain in equity ($900K). I'm a bit torn on how best to re-deploy these proceeds within the current market. I'm currently located in and w...
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Hello, this question doesn't behave well with the search algorithms so I was struggling to find the answer. I believe this would not be allowed but I figured I'd ask. If you are doing an FHA multi-family (duplex) pu...
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Hello BP community!
Like many parts of the country, central and northern NJ are blazing hot markets. Houses are flying off the shelves at very high prices. I did come across a property that seems to be well below m...
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I've been researching creating an LLC for real estate investing. I've been watching some videos by Anderson Business Advisors in Youtube (specifically this video: https://www.youtube.com/watch?v=XdSp5GXbiE4) where the...
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I just went to a website to apply for pre approval and they require 15% of the loan amount in the account, is that the norm now? Back in the day it didn't require this but it has been several years so I figure I woul...
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Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...
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I am a younger (30yo) real estate investor with relatively limited experience buying and selling commercial real estate. I purchased a small (~40 space) mobile home park several years ago (my first CRE purchase), and ...
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I've got my first house a few months ago, and currently househacking it. It's going great, it's got 7 rooms. I'm living in a room and renting out the rest. Mortgage: $3650. Rent income: $5100. I'm seeing other houses ...