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Hello all,
Newbie Real Estate Investor looking for some advice on purchasing a home in 2024.Currently leaning towards a Multifamily purchase (Maybe Duplex or Triplex) using the new 5% Fannie Mae Loan.DFW is continuin...
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I have a property where the seller wants $175k for it. It’s in excellent condition. No work is needed to it at all. It’s been completely updated. The comps put it at $285k in excellent condition.How difficult would it...
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I'm about to start short term rental for travelling Nurses (travelling medical professionals). I have never done this before and will like to get more information on how to furnish my property, appliances to purchase,...
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Hi Everyone,
Making my first post in the BP community and looking for some feedback and opinions.
I’ve recently set up my LLC and just waiting on my 80% LTV loan to close for my 1st rental property. Exciting! My wif...
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Hello All! I am Justin Skaggs from Jackson, Ohio. I am fairly new to the REI game and have been fortunate to be able to secure four single family units and a commercial unit that I recently sold after rehab. I am l...
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I live in SE Rural Iowa. My market here is small, as my village is small. Yet I have found my first investment property that I am willing to make an offer on. I am delighted to have stumbled over the BP website. I...
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I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). Is this a common thing most DSCR lenders can do? I d...
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I am in the process of closing on my first duplex in Rochester, NY. I have been learning and searching for almost a year now and finally found what I believe to be a good deal. The only problem with the property is th...
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I've been analyzing several deals, but I keep getting stuck in what percentages to put for the Vacancy, Repairs & Maintenance, Cap Exp., and Future Assumptions. I've seen several webinars, and the Hosts always ...
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I’ve received several different responses when I’ve asked contractors. Some say yes and others say no. When I researched it, I found that if it’s painted, it can’t be painted any color darker than the existing vinyl c...