Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
Hello Everyone,BackstoryMy 2 friends and I created an LLC to acquire real estate via financing.We got into contract with 2 houses with a purchase price of $115,000 and $112,500.We communicated with a lender(or so I th...
Just curious how one with much more experience would go about determining whether this deal is a good deal or not. There are some things that seem low such as repairs and vacancy allowance.
Hey Community,Is it ok for me to contact the seller directly outside of talking to the listing agent of a multi-family or single family investment opportunity?I recently went to the assessors website, found the owners...
Hello everyone, my name is Tenzin I have a high ranch house in Suffolk co NY without any mortgage.. I am a stay home mother and my husband has started a new company beginning of this year, he is very busy and doing gr...
Hi this is my first post and I have been reading all the useful information on this site. I am happy to see that most people at BP are very helpful towards their fellow investors. I would like to know by what proces...
We got a lead for a storm damaged house in Dallas. It was hit by a tornado two months ago. The neighborhood is great and only few homes were hit but the rest look great across the street. The house is severely damaged...
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Hello BP,
Need some advise on how to properly fill out a land contract. Is the deposit amount required added to the sell price of the home when I'm trying to flip it. Any advise about this process would be greatly app...
Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...