Ready to invest in rental property in upstate ny, but I am having a hard time finding a bank willing to mortgage the property. Any suggestions/ advice? did anyone experience this? if so, how did you overcome this obst...
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I'll try to be brief, here's the background;Last week I was shown a 40 unit complex which I'm very interested in; at the moment I'm waiting on the rent rolls, but even if the pro-forma is off by ~10% it still looks li...
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I currently own one rental property and planning one more by the end of year for cash. What are the advantages and disadvantages of doing this as opposed to financing.
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I generally work with properties under distress, get an option and wholesale. I found a house with over grown grass and vacant over one year now. I finally got in touch with owner and she stated that the house may be ...
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I have been with my partner for 5.5 years, will be 6 in February. We have been been living together for the past 4 years and have not filed common-law. I had assumed we would file this year as common- law but he had r...
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Hi all,Been a long time lurker on these forums and I’m happy to have closed on my first deal. I recently closed on a SFR in Concord,CA which I intend to house hack - thanks to all BP members, and podcasts, I was able ...
Hi, looking for lending advice.. I've secured funding for single family investments, but have yet to pull the trigger. Today, I was presented with a 6 unit multifamily portfolio with 10.3% CR, 22% COC and NOI of 51k. ...
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[/b]Hello, I'm looking for advice on getting an accountant. I have always done my own taxes, and last year I had one rent house and decided to use an accountant after reviewing what Turbotax had to offer online. I e...
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I have a refi coming up and I have some money left in the slush fund after a basic rehab. What should I spend a little extra on to make sure I get a high appraisal? Kitchen? decks? flooring? Bathrooms? additions?
I'm looking to buy my first investment property. I found some rentals in Alberta and Sask., but the appreciation in these markets are close to zero.Provided they are cash flowing, are places like this still favourable...