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Hey everyone! 16 months ago I bought my first property. It was with my money and my mom's credit as a co-signer. Purchased for $190k in Middle Tennessee and now worth around $270k. I've lived in one bedroom (sun room)...
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Hey BP community!I apologize ahead of time for the awful photos and probably poor formatting of this post. I had no intentions of refinancing this property or ever posting about it so I took some very awful pictures f...
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Hi. I am in the process of closing on my second rental property. I will then have a duplex and a four-plex. These bring in more than enough each month to cover utilities, taxes, maintenance, etc. I often here of inves...
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I currently own a rental property that is financed with a standard mortgage. I plan to sell and 1031 exchange this property in the next 12-18 months. I have a priority credit line on my brokerage account that is now &...
I am about to purchase a 3 bd/2 bth 1498 SF property in Indianapolis. Pike township.Purchase price is $119,900Rent: $1,17520% down + closing cost: $26,858Principal + Interest (4.75%): $500Property Tax: $200Insurance: ...
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Hello BP,I’m in Atlanta and have my LLC registered here in GA. However I’m seriously considering purchasing a property in the Midwest and would like to put the property under my LLC. I’ve heard that I need to register...
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Hello all! My name is Andy, I currently reside in the Portland, Oregon area! My Goals: Closing on my very first rental property purchase before September 1, 2021Keep closing on deals and BRRRRing my way to semi-retire...
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Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $131,500
Cash invested: $41,000
We found this house on the MLS and are able to rent it for $1325. I...
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What does a FAIR but GOOD DEAL with seller financing look like in today’s economy? In the past I have used conventional financing for purchasing investment properties, and would appreciate any guidance from those that...
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Hey all, gonna make my first offer today on a multi-family duplex 3/2 X 2 in the Waco, TX area near Baylor. Asking price is $249,900 and has 100% occupancy. Revenue is $23,400 yearly, expenses are $9,200 yearly, NOI i...