Hi, folks, long time lurker first time posting :)Long complicated story short (I'll elaborate if anyone wants to hear later in thread), I may need to pay off the loan on a rental property I am selling to exchange.Woul...
I have 2 loans I’m considering. One is A. commercial loan, 15% down, 15 year term, 5.5% interest rate - after year 7 you will need to “renew” the loan (not actually refinancing it). It gives the bank an opportunity ...
30 months ago I bought an occupied 2 bed 1 bath mobile home for $2,500, collecting $200/month in a park. Gross rent collected $6,000. The tenant moved out due to health reasons. It took $640 to get rent ready. The...
Hi all! I'm a new investor and am interested in purchasing my first multifamily in MA. I've found the podcasts and BP materials to be fantastic. I'm in the process of researching mortgage options: MassHousing, FHA loa...
So far, I have listened to nearly 100 hours of BP podcasts but this is my first post!I’d appreciate all thoughts and ideas on a difficult situation with one of my rental properties. Originally this condo was purchased...
I am currently paying PMI on my primary residence. I am a novice here, but am I better off paying down my house and losing the $300 a month PMI, or taking the money I have in the bank and buying a rental? I'd make $30...
I know what ARV is, I just want to know how you evaluate deals.Some may strictly look at comps and place no value on upgrades others shoot from the hip. What ever your strategy I appreciate the feedback.
I just got served, Happy New Year.
I purchased a duplex in the Tampa Bay Area in May of last year for the low 200's with a hard money loan that it is up in 5 months, when I purchased this, there was 20k in liens tha...
Hello, I am looking into Austin, TX software engineering market and can't seem to get a conclusive data on which side the city is at this point and where it is possibly heading. I jotted down two possibilities. Basica...
Hello, I joined BP not too long ago and would appreciate a moment of your time for some general direction. I am familiar with the different types of investing methods (flip, rent, brrr, etc.), but I am having trouble ...