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My question is this: Is there any reasonable way to recoup the %20 down payment my bank is requiring for an investment property I'm looking to purchase. I'm new to RE investing and looked through the forums and didn't...
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We are in NY, a very tenant-friendly state but in an area where rents are very high. I met with a client yesterday to list his 3bed 1 bath for rent. Typically we would ask for a 1-year lease and 1m security (max here ...
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Hi, i am looking for my first investment property, and i’m new to real estate and looking for suggestions interms of state/location, type of loan which can generate some positive cash flow or break even.
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Greetings,
I am under contract to buy my first fourplex in Anchorage Alaska. In this area inventory of available multi family units is low, rents are fairly high and it appears to be a bit of a sellers market. The un...
I live in ny and I’m refinancing my house in order to continue investing. I’m thinking to invest out of nyc cause is too expensive. I’m going to receive 100g should I buy in cash or finance my next purchase? And any r...
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I've learned a hell of a lot in the last month thanks to BP, I'm ready to buy right now. Have my financing lined up but my REA is falling short. Where would you tell a newb to look for a starting to moderate level SFH...
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We just purchased a rental home that is in the process of renovations (paint, new counters & hardware), etc. The place is a total mess right now as we have been stripping wallpaper etc. The counters will not be ...
I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...
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Hello BP community. You are the best!I am looking to buy+hold in Philly. Do you recommend to buy in vicinity of 100K in a so-so area where the profit margins are greater but the risks are bigger too or maybe move into...
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Hello,I've recently purchased my first home. It's a four bedroom townhouse located downtown in Charleston, SC. The lower level is a concrete slab and the upper level is a plywood base floor. We are considering putt...