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Found a MHP I am interested in purchasing, seller is asking 399K Property has 15 Lots, 12 occupied with 10 tenant owned homes and 2 park owned homes, I have the 20% down but am having a hard time finding lenders. My ...
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So I have a property I can buy and it will rent real well. apparent the property is not on city water, but is on a water well. I am not familiar with this sort of thing and I am getting cold feet.
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We did a major remodelling and addition of a property. we have friends who invested in the venture. The permits and construction took around a year. We are few months out to closing this and will make a good profit fo...
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Hi all, Let me know if I’m seeing this right. Interest only mortgages look attractive, they can boost your cash flow way up for your rental. But essentially it’s just you getting your principal pay down in cash monthl...
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I’t seems just recently I have really had a hard time collecting rent on time. I just went they a major renovation after a non paying tenant finally moved out (covid eviction ban). One of my other properties appears t...
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Hello BP community,We are looking for a 30 yr fixed llc mortgage for a $70,000 duplex that we are purchasing. Any leads or suggestions would be greatly appreciated.We are located in Southern Illinois
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Hello All,I am in the process of buying a Single Family home off market which has a mother in law suite with a separate entrance that allows us to rent the home as 2 units once purchase & rehab is done. This will ...
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Looking for advice: I am a newbie to the REI world. I have been working towards paying off debt for the past 9 months. I have $73k down and another $75 to go (Mostly school loans). I have a $1128 in debt payments + an...
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Who has done a successful 2+ unit BRRR in ABQ?
Please bestow some knowledge/experience, I would love to hear your insight.
What lender did you use for the Refi?
What type of rehab did you do?
What were some of you...
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First Deal a Condo, Thoughts?
2 bedroom, 1 Bath 940sq ft. Right now it is on a 12 month Lease until January 2021 @ $850/mo (about 70$) below market rents in the area. HOA covers Water, Sewer, Cable, Trash, and Commu...