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So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...
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Hi All,There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with the absolute minimum necessary out of pocket for the longest possible term.3- Somewher...
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Hello BP!I just wanted to share my story. But first, to give you guys a better perspective of my success story, I would like to let you know a little bit about myself.I am a Filipino Immigrant. I have a B.S. in Indust...
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I feel like I have an image in my head of what a rental is and I feel that is affecting my search for an investment property. I toured a foreclosed property in my area that is a 3 bed 2 bath, large, open concept house...
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
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Hi all,I posted something similar in the general financing section but some fellow members suggested I posted in the Canadian section for more specific answers as I am Canadian.I am very new to real estate but am very...
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BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
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Hey guys!! I am super anxious to go ahead and get my first property. I am sending offers for owner financing and networking as much as my college and work schedule allow. Would using private money or hard money be a g...
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In January I will be separating from the U.S. Navy and will be moving to Chicago. I have wanted to join the field of real estate for sometime now but after looking at postings on LinkedIn I have noticed that I am very...
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Greetings BP Community!
I am an aspiring Real Estate Investor and searching for my first deal. The forums have been extremely helpful so far in helping me get started on my research. However, I still have some outsta...