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Was wondering if anyone had experience House Hacking in the Bronx? Or even any large city where rent and property prices are high. I was looking into the idea of using a low money down loan to purchase an apartment so...
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Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
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While comparing investment opportunities an investor needs to assess risks associated and then expect a commensurate return. What would be your advice on the levels of risk-reward grading of the following Real Estate ...
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Hi everybody, I'm buying a triplex in stockton, CA for cash. I'd like to do a cash out loan ASAP. My understanding is that this would not be a commercial loan but a regular non owner occupied mortgage. Non sure wh...
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We have been under contract for a Four-plex but after the appraiser came out to see property he mentioned house was never zoned for multi family. It has all utilities separated, as well as entrances, etc. Now lender ...
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Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
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Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...
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BP family, I am a Newbie in trouble!HelpPlease I have a house under contract, I have signed everything, closing etc, but the HML has not yet wired the money!Can I legally still back out?There are no contingenciesThanks
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Hello all,In my past year of experience networking in Richmond, VA and growing knowledge in REI I'm finding many investors in the area seem to be wholesaling and flipping in low barrier to entry areas (Petersburg, Hop...
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Hello everyone
My name is Jake and I am primarily looking for help as how to invest successfully and manage property whilst living outside of the US. I recently found this site through a RE book and have so far been ...