Bret Habura
Is Immediate Refinancing An Option?
Hi,
I am in the process of buying my first multi-family property. We expect it to appraise for about $20k more than the purchase price without any repairs. What's to stop me from purchasing the home and immediately r...
Michael Nandlall
Advice -- starting corporation with partners for real estate inve
Hello,
I
am in the process of starting a corporation with 3 partners for the
purpose of real estate investment. We currently have 1 property valued
at about 900k and will be purchasing another soon valued at ab...
Daniel Feldman
Recommendations on lenders
Hey BP Community,I'm flipping SF properties in Chicago area.Any suggestions on funding this kind of deals?I'm happy to be a part of this community.Wish you all a happy new year,Daniel.
G Pyros
Researching your local market
Greetings! Curious to know how the investors on this blog research local areas for investments. Items such as the macro economics; net migration, income growth, job creation and more difficultly the soft areas which s...
Rick L.
New Investor New Haven, CT
Hello BP, I'm looking forward to reading forum posts, meeting local members, and learning lots about REI. I purchased my first home in 2011 as a primary residence. I've since moved across the country and am in the pro...
Patrick Klepper
Our first rental property!!
Investment Info:
Single-family residence buy & hold investment in Knoxville.
Purchase price: $83,000
Cash invested: $4,000
Our first rental property!! A nice 2/1, 980sqft in older part of town b...
Bridget Scileppi
Finding a Lender to Pre Discuss Our Financial Situation
I am looking to invest in the Saginaw/Bay City/Midland area in MI and my next step in the process is to contact lenders to see how we qualify for a loan before searching properties. We are squaring away the funds fo...
Qureish Lalani
Cheapest way to close with cash buyer?
I've found a potential buyer of my investment property who will pay in cash. Is there any alternative to using a title company to handle the closing? I want the transaction to be safe for all parties.If I do use a tit...
Zach Ogden
Put 20% down to avoid PMI or set up as 1st and 2nd mortgage?
Hello BP! I am in the process of working with a mortgage broker(1st time) to get pre-approved to purchase an investment property. The broker asked "Are you wanting to put 20% down to avoid PMI or set it up as 1st and ...
Lorena Correa
Buy and Flip Investment
Investment Info:
Single-family residence fix & flip investment in Orlando.
Purchase price: $135,000
Cash invested: $10,000
Sale price: $185,000
This was a shortsale deal. It took 8 months in ...