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I am in escrow on a foreclosure that fixed up would be about a 200K property. I can get it for about 145K but it needs a few things as its a 50 year old home in a great location. This isn't my first rental, but I want...
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Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...
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Hello Everyone. Quick introduction, my name is Fong Lee as of now I am 24 years old. I am new to Real Estate Investing. I live in Saint Paul, Mn area. I have not done any deals yet but I do see potential in ownership ...
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Hello,A lead came in today from a gentlemen who wants to sell his house immediately. I went out to the property this afternoon, and I would classify him as extremely motivated (aka he offered me the keys). The probl...
Hello BP community, after hours of education via books, podcasts, and meeting with local investors, I have built my own cashflow spreadsheet and attempted to analyze a random local property on Realtor.com to practice ...
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Looking at a co-invest opportunity with a friend on a University Student rental property. Its priced at $480k, the portfolio lender has offered a 5% rate for a 20-year loan with the rate being revised every 5 years (n...
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This house (3 bed/3 bath townhouse) is about 5 houses down from me, and I'm thinking it would be a good investment from a proximity perspective, but would like some outsider opinions on the numbers:Price: $212,000Repa...
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I've been on the road for quite sometime now. Jumping over hurdle after hurdle to put myself in a position where I can buy my first property. I have a great credit score and decent amount of savings. Whenever I analy...
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Im 23 and I just got a settlement from an auto accident. The insurance company wouldnt cover the medical bills so my credit is 316 but I have 30k cash. My rent is 550 a month. Id like to invest in a property and rent ...
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Good evening everyone, I was wondering if any of you had experience/advice on using the VA loan for investing in a duplex? Or anything else related to the VA loan. Any comments would be greatly appreciated! Thank you ...