Quick question about an investment property I'm purchasing.
Purchase price of 100k (cash)
Rental rate of 800-950 (let's use 875 as a mark)
$365 out of my pocket every month for HOA Taxes and Insurance and management
...
I’m in the process of buying my second property and I had always planned on buying properties under market value to increase the possible return on investment. I’ve come across a duplex for $140k that was fully renova...
Investment Info:
Retail commercial investment investment.
Purchase price: $3,500,000
Off-market deal was presented to us through connections and relationships. Seller was heavily indebted having taken lo...
Hello BP Family,
I am closing on my first multi shortly, the rents in Woonsocket are as follows 1st Unit 2 bed 2 bath $895. 2nd Unit 3 bed 1 bath $995. 3rd Unit 3 bed and 1 bath $720. The 3rd unit needs to be updated...
Hi everyone,
There has obviously been a lot of positive and negative speculation on the 2021 housing market due to Covid. I'm interested in hearing your opinion's on the subject and what you think will happen.
t...
So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
Hi,I am considering investing in my first rental buy-and-hold property here in Houston. I live in the Houston suburbs so naturally started looking here first. With the market recovery, it seems most of the properties ...
My names Anthony, and I have got into wholesaling as a way to create extra income and just build up some capital to turn around and re-invest. I have about 20k-25k saved up right now, but my DTI ratio is all out of wa...