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Hello BP, I guess this would be the proper place to post this. I was hoping maybe there would be a more specific spot we could put only Bills/Laws etc...that would be effecting our states. I received the following:...
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This house (3 bed/3 bath townhouse) is about 5 houses down from me, and I'm thinking it would be a good investment from a proximity perspective, but would like some outsider opinions on the numbers:Price: $212,000Repa...
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Hello everyone! My name is Dominique, I'm from New Orleans, La. I'm somewhat of a newbie to RE investing. I own a duplex that I have rented out for about 5yrs. The market in the area has gone in that time and it has a...
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Ok so I just started talking to a homeowner of a For Sale by Owner situation. She's asking $280k, which I can't see happening cause zillow is saying its worth about $168k. She mentioned that there have been a few upgr...
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My vote is Equity. What's yours?
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I have called one hard money lender but the interest was high and so was the deposit. This would be my second investment and I understand it is risky when dealing with ppl just getting started. I don’t know where to l...
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Within 2 years I acquired 4 single houses out of state properties via turnkey company. I sum up all my 4 rental income minus the mortgage, escrow and PM fee and end up with 1060 cash (1060/4= 265$ each property month...
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Should I shop around for a better interest rate or take the first offer I get? I know they run my credit every time and I don’t want to keep taking hits but at the same time if I get a good lender then I’ll stick with...
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I understand the overall concept, but can some of you that have more experience give me some advice / guidance on what to do during this process.
I have my authorization from the owners.
I faxed it over.
The property...
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Hi all - I am closing on my first rental property this month; a duplex with FHA financing. It is $170k with a 3.5% down payment. It brings in $2000 a month in rent, which I will only be getting $1000 a month for the f...