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Hey everyone,Was hoping to hear some of your experiences, advice, and lessons learned when it comes to using an FHA 203k loan to buy and rehab a rental property (2 - 4 units).My main questions are:- Is there a preferr...
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I just closed on my first deal consisting of two duplexes next to each other but they are on separate parcels. We did do two separate conventional loans which was recommended by the lender. I know there are a lot of o...
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Greetings BP members!I was thrilled to find this resource and look forward to learning from this community. I have already started binge-listenting to the podcast and have consumed over 100 episodes so far and also o...
Hi, my name is Andrew I'm very new to real estate investing but I have high goals and aspirations. I am currently serving active duty military and will be stationed in Norfolk, VA. My friend and I would like to buy a ...
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Hello,I'm wondering if anyone has been in a situation where your current rent on a sfh is such that when you rented in last year (or prior year for those that experienced this a while ago) the rent was the average for...
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I'm a strong believer that a house-hack is one of the first steps to wealth and financial freedom.However, this one rule is overlooked and constantly kills deals before they even happen:The self-sufficiency test. I ta...
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Good Afternoon,I have seen a lot of people need a property manager lately and I am thinking about starting my own company to do it. I have managed a property for someone that lived in Connecticut before. I didn't have...
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Has anyone out there used the turn key operator, Rent to Retirement? Can you tell me about your experience? Thanks!
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Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...
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I've got a possible REO deal brewing. $15k list price and i think the ARV would be at least $70k remodeled. That's based on comps on the same block; one row house sold last month (only 100 sf less) and the exact s...