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Can someone explain to me the best use of an line of credit. I want to use it to acquire a rental. Fix the rental then refinance and pay off the line of credit. Does that make sense?. Will that work?
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I am trying to acquire my first rental property this year and I was hoping someone can help me out when it comes to expenses that I have to factor in with a rental property. After reading the boards and a couple books...
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Hello BP family,
I have a question regarding fair housing laws in Raleigh, NC.
If I own a SFH which is financed with a conventional loan, and is a 3 bed 2 bath do I have to rent to anyone that meets standard rental...
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I have 5 SF properties but now am looking to buy a multi (might not be 5 units-hope this is still the right place to post.) With the SF's I feel comfortable with my criteria I use to decide to buy or not and I feel I...
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Hey BP Crew! My name is Michael and I am a web developer and IT manager currently in St. Louis. I have flirted with getting into real estate a few times in the past, but always bugged out. All that changed when I lost...
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http://www.zillow.com/homedetails/5728-Waterman-Blvd-Saint-Louis-MO-63112/3006253_zpid/
I wonder why it's priced so low. Can anyone explain? Thank you
Anyways here's a heads up in case anyone thinks this is a good d...
Hi BP!I was driving home from work and took back roads. I noticed a house with a tarp on the roof and the owner sitting on the porch. I stopped my car and asked if he wanted to sell his house. He said sure, if the pri...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $29,000
Cash invested: $12,000
This was the perfect description of a home with "the right things wrong". I noticed...
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Low Income Mixed race neighborhood - not a war zone. Lawns in the area are cut, but full of weeds. Walking distance to local shops and bus line.
Three unit property with almost no yard. A two family home on the front...
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Sorry for the length but I appreciate all that read it. I currently have four rentals. While in the process of leasing one, a 69 year old lady completed an application for the house. After reviewing her application...