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Good Afternoon!I will be closing on a duplex this Friday. We opened a HELOC on another rental property (a 4-plex) with 800k in equity. The HELOC is for 190k. I will be using 90k from the HELOC to put down on the duple...
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Hi all! My name is Chris and as mentioned I am in the St. Louis area, specifically O'Fallon MO. Currently employed with the city as a commercial and residential inspector and plan reviewer, and can build or fix about ...
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So, our latest SFR is closing soon and I am already looking at the next deal and hope to move to flipping, long term.
We have 3 rentals and that is our limit on rentals we will hold.
House has 35k mortgage and with ...
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In an area that can appreciate north of 2%/year and really do 2-4%/year for next couple years (area was flattish for a couple years and surged 8% last year.. not a lot of room to develop further in a growing metro are...
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What tricks and tips have you learned to keep long-term tenants in place?
Home 1 - rented at $2k/mo, 15yr mortgage is $1700/mo, estimated value is $275k with $170k left on mortgage. 2600 sq ft right outside of downtown. Older house but fully renovated in 2016 besides plumbing (I need to che...
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I have an interesting situation. I own 3 duplexes. All of which I have been doing the BRRRR strategy. 2 are now refinanced and I'm about to start on #3.The first 2 duplexes all have 2/1 units. #3 had a 3/2 and a 2...
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Good day All, I am an active duty service member in Hamptons road VA area I currently have a house under a VA loan that i brought 2 years ago and still reside in this home. The mortgage loan is under My wife and I. I ...
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Hi, I'm currently not a RE investor, but have poked around the forums a bit on occasion. I'm expecting my 2nd child next July. We will move to a slightly larger house soon and I'm trying to decide whether my current ...
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Hello BP family!Let me start off by saying Merry Christmas! I hope everyone is getting a chance to spend it with the people they love and hopefully getting some nice surprises today!I was very recently introduced to t...