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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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I'm looking to hear from investors in the DMV on how their BRRRR properties are doing in this current market? Any tricks and tips! Lets talk!
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Hello everyone,I recently found and signed up for this great site. So far I've been reading a lot of posts and figured it's time for me to get involved a little more.I recently started my research for putting together...
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Seems to me when I look into buying a 60k house it comes with issues it's potentially on its last leg in a neighborhood that is consistent with the same issues in the same price point.
When going up to 100k you are...
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After looking at several SFH, I have yet to find one to purchase for a rental that would be profitable in my area. As a result, I expanded my search to my hometown which is about an hour away and have found a 7 unit m...
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Hey BP family, long post for a newbie with the highest offer on an REO. I could use some outside eyes to help me see if I'm assessing my situation correctly.I've been casually browsing the market in my expensive Virgi...
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Hello, everyone. My name is Gabe and I'm starting to get serious about real estate again after some time off. I've bought 5 properties over the last decade and a half, with some really good and really bad results (the...
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Hey BP Forum! When you purchase a buy and hold property do you believe in making only necessary repairs or do you go in and gut the place even if it doesn’t help your ROI? I’ve been going back and forth on thi...
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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...