Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start i...
Hello! I read through some posts, but didn't find anything recent related to what's happening in the Pittsburgh, PA market in terms of short term rentals and investing. I am looking to buy a property for a short term ...
Hi BP community, I've read extensively about the delayed financing option where I close with my own cash and then am able to refinance using Fannie Mae based on the appraised value. Here is a link the relevant article...
When does a private lender cross the line? When does your need for the money to get the deal through get outweighed by the inconveniences a private money lender sets forth in your terms. My partner and I are at odds o...
Hi All,Just want to know how people estimate by looking at the property.Here is link for the house ( says a duplex) example : https://www.redfin.com/CA/Hawthorne/3138-W-132nd-S...How much does it cost to fix this hou...
Hi,
I'm looking to purchase SFH's in my area and this is how i'm looking at the #'s. The average home prices for the neighborhoods i'm looking in is ~$200k (New jersey).
Please have a look at my 15yr strategy and ...
I am visiting from Southern California till Friday, March 30 to begin building my team. In reading "Long Distance Real Estate Investing" and "The Richest Man in Babylon", I have learned that I do not need to try to b...
Hey Guys,
I am looking at doing my first rehab and flip.
I think I might have found something local to me that might make a viable rehab and flip.
Here are the stats:
Purchase Price: $250K (before any negotiation)
...
To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties. Draft precise agreements...
Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:
1. **Air Conditioning:** The AC unit ...