I started a thread elsewhere and realized it was in the wrong spot, so I’m moving it over here.We’re about two months into a flip we’re working on in eastern suburb of Cleveland Heights, Ohio. I’ll do my best to catc...
Hey gangNewbie question. I’ve read all these stories of everybody who started where they’ve had to go through obstacles personally, bad credit, 0 money, etc.I know you can get creative but first have to go through you...
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Hi Everyone! Here's the research I gathered during quarantine to potentially apply to an investment property. Have you done something similar? Is there anything else to look out for? Is this strategy incorrect? ...
I just finished listening to the Jeff Greenberg Podcast on Multi Family and wanted to comment on that podcast.First and foremost I'd like to say that I thoroughly enjoy the BP podcasts. I also enjoyed Jeff Greenberg's...
Hi all,I am under contract (400k) on a split level house that has a great opportunity to be a 1/1 apartment and a 3/2 house upstairs. This would be my first investment property and a house hack at first. The property ...
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Hey!I am looking to pick up a property that was under contract as a two year lease to own. The current tenant will not be able to purchase the house by the required date and can not sell the contract. If he can not ...
TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...