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I'm currently looking at 3-4 family homes in the 200-300k range to keep as rentals to get some cash flowing in. I have a few lenders who are offering me 100% stated income investment property loans. I can put 5% down,...
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Hello guys. I live in San Diego in 1 bedroom condo. My loan payment including HOA is around $1,700.If I rent out this condo for, let's say same as my loan payment, and buy another property where my loan payment would ...
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When analyzing a deal and valuing a property, what financing terms do you include? As many of you already know, a deal can look very good to very bad to anywhere in between based on the down payment, interest rate, an...
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The response to my post last week about quitting my job has been overwhelming. "How did you do it?" is the question that everyone is asking me, so I thought that I would just answer it here. It started with writing ...
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Hey everyone!I am a senior mechanical engineering student in the North Jersey/New York City area and am a complete newbie in the real estate investing world. I began learning about personal finance and investing at th...
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Hello,
I am new in this forum and I found some of the postings here very helpful. So I decided to create a new post to ask few questions I had.
To be honest Real estate has been my passion since I was 2...
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Hi BP Community!I just want to share a strategy I used on a property I closed on yesterday. Please feel free to critique/ point out anything I'm not seeing:I sold a rental property over the summer that I had a low bas...
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Hello Everyone! My name is Larrian, I am 28 years old and looking to get into Real Estate investing. I am active duty military and will be PCS’ing to Boise Idaho ( mountain home AFB) . I would love to meet up with the...
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What are some of the typical things to overcome when acquiring a property Subject To the existing mortgage? I know a big one is the sellers concern that the mortgage will stay in their name which basically "puts them ...
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Hey guys,
I've been looking at duplexes to house-hack in the area, but the owner of the condo that I'm currently renting is looking to sell and we've been negotiating on a possible purchase now. I know condos aren't...