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So I have a house that I purchased from another landlord in April of 2015. I purchased the property for $17,600 but I currently owe $19,664 on the house. Well a few months after buying the house the tenants that I "in...
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Hi guys,Im looking at drawing up a deal and would like to hear your opinions on what strategy you feel would fit this scenario best.. Thanks.-Asking price is $399K-Appraised value $380K-$400K-Balance owed $100K
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Condo conversions typically take a multi-family property and convert each unit to individually titled units that can be bought and sold independently from one another. Ideally, a lot of equity can be created. Anyone...
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I’ve seen it a little but not sure I know what it is . Is it basically flip and hold house?
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Hello;Just wondering what some of you thought out best course of action would be. Pretty simple setup:1. We own a house (a second house, not our primary)2. House is valued at about 120-140k3. We own about 48k on it.4...
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Hey experienced BP members, I am trying to do all my due diligence before starting to invest. I listen to the BP podcasts and all of the guest say that I should teach this like a business. So I am starting to put toge...
Hello,my name is christian from tucson az.I am curently still improveing my credit so I can get started investing in multifamily apartments with creative finance. (I purposely skipped all my details). But 2 years in a...
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The time is now to take action. I keep having the thought of how great it would be to be a real estate investor. Being able to work for myself is something that really motivates me. The normal 9-5 trading your time...
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Hey, i hear them on the podcast talk about the BRRRR strategy and i understand how it works however my question is, how much do you pay yourself after you refinance ? do you pay yourself ? or do you just fund your nex...
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Investment Info:
Single-family residence buy & hold investment in Mechanicsville.
Purchase price: $389,000
We bought our first home in southern Maryland while my wife was stationed at JB Andrews. We...