I am looking into buying my first investment property. I have done market research, and I know the rent market very well. I am still currently a student, and do not have credit history. I am also employed. I have gone...
So looking for some veteran advice on how to vet a private money lender. This guy posted in our investors group on Facebook that he does private lending. So I figured I'd play along and emailed him. He said he does 10...
I'm taking classes to attain my real estate sales agent license, so that I can have more control in my real estate investing goals (e.g. like having access to the MLS). Right now I'm taking online classes in Real Esta...
Hello, All! This is my first time posting on BP, and I am a very new investor. For the sake of this question, let's use a $200,000 home(s) for my below example:If all other factors are neutral, say one had $120,000 wo...
From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approv...
I have an investment property which I bought almost a year ago for $365k, $271k on a 30 year fixed mortgage owed. Moderate rehabs with comps nearby selling in the mid $500k range. Monthly 1 year rental history is $4...
If you're looking to invest in real estate on the West coast of BC, you're probably assuming that house prices have been pushed beyond a point that allows cashflow with a traditional 80% LTV mortgage. It is getting mo...
I have a family friend who plans on putting their pretty nice house not too updated home on the market within the next month. I’m 20 years old been learning and investing myself in real estate knowledge for the last t...
I'm a new investor and have a goal to purchase 2 SFH in 2013 to hold as rentals.
My strategy is to use Hard Money for the purchase and rehab. Then refinance after a 6 month seasoning period.
My financial situation:
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Listed for $299,000 current rent is going up 10% but is currently $2310. We are using a VA loan so no $ downInsurance and taxes are included in the mortgage amount which was calculated on the VA loan website. https://...