Skylar Dejesus
Could I use hard money for a down payment on a owner financed property?
I have been studying in real estate for about a year now, I tried to immediately obtain a property after reading rich dad poor dad, but I do not think I was ready. I found a great property and tried to obtain financin...
Shelley W.
Do I really need 25 percent down?
Ugh! I'm just getting ready to make my first investment and I learned tonight that lenders will likely want 25% down on an investor non-occupied conventional loan. I've done so much research and learning, and somehow ...
Jacob Maes
Will New Investors Be Pushed Out of Market?
Rates are going up and up and it's making it more and more difficult for investors who are looking to BRRRR because rental rates don't seem to be covering the actual mortgage. I work with a lot of investors and a lot ...
Mark Edler
Rental #2 - First BRRRR
Hello friends.I did this deal in a tough philly neighborhood with my brothers, thinking the numbers were too good to be true. I found out quickly why they were not, but we held on and got the rehab done, tenant occupi...
Omid Sadeghi
When (and to what extent) should Multi-Family Units be improved?
Curious about your approach and strategy. I have an 8 Unit apartment building in Los Feliz, Los Angeles, CA. One of my units is now vacant. I could slap on some new paint and make minor repairs to get same/similar ren...
Buyan Thyagarajan
Questions on decisions on 5/1 arm vs 30 year fixed
Hi Guys,I am looking at a refinancing on my property in PA area where I am considering a 5/1 arm vs 30 year fixed loan option. I am assuming 5/1 arm is a better option given the interest rates are subject to change wi...
Jesse Clinton
Long term plan.
So I am working a long term plan for the next 10 + years an thought I would give the people some numbers to work with and see your different strategies. Here it is. Total take home pay after taxes $8712.24 a month. ...
Brennan Boyd
What returns do you look for on rentals when paying cash?
Hello BP community, I just wanted to get an idea of what a good deal looks like when paying cash for a residential rental property? I understand the numbers behind a good property when financing it, but I wanted to se...
Mohamad Suleiman
Need help assessing foundation for potential home purchase
Hi pro members!There's a home that caught my attention and the numbers seem to add up well for me, my realtor sent me the foundation inspection paperwork for the property. From the paperwork that I received (from a st...
Eric Sullivan
3 Family condo conversion in Salem Ma
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $527,500
Cash invested: $350,000
Sale price: $1,289,000
Purchased a legal 2 family. We had it converted ...