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Hi BP Nation!I am a newbie investor so please bear with me as some of you may laugh at my questions.I was wondering what gives the average investor confidence in making so Many offers on deals? Obviously financial bac...
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I've had tenants in one my rentals for the last year that have expressed interest in purchasing a home. They've always paid on time and he has a strong employment history, but his credit is very poor due a divorce. ...
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Hey all
I've heard people do re-financing quite often and was wondering if this was a viable strategy
Basically what I am thinking of doing is - and keep in mind I'm currently un-employed, living in Can...
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Hello BP nation, I need some advice about selling a free and clear condo that is currently listed for 140k which is about 20k below fmr because of some deferred maintenance. I had it rented for 3 years for 1200 mth, a...
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I am working through a deal right now that involves two duplexes. This is my first deal, and I have never done a loan before so I would like some advice on what options I have and which route I should take. I have abo...
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Hey All, Maybe I'm getting a little ahead of myself but a 12 unit apartment building went on for sale ($1,375,000) right down the street from me and I'm super interested.2015 yearly expenses of about $14,500insurance ...
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I have been reading "How to make Big Money in Small Apartments" by Lance A. Edward and foreword by Ron Legrand. I am pumped to buy small 5+ unit buildings. It seems to me that unless you buy buildings with a minimum...
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I currently got 2 townhouses “right next to each other” under contract, each unit @ 38K (current market value for each @ 75K). They are currently renting for $800 a month each, tenants have been there for 6yrs in one ...
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I know it's not too big of a problem in US as you can keep buying houses as long as you can get the downplay cash, but in Canada with the super tight qualification it's very hard to qualify for mortgages now, especial...
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i'm currently building up capital to purchase my first real estate property. right now, i'm putting all my money in a high interest savings account and just letting it build. i hear things like using my RRSP to fund i...