How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payme...

Hello BP community!

I am a buy and hold real estate investor in Colorado. I recently had an interesting situation where I would acquire a single family home with a fantastic long term tenant. The tenant is clean, ke...

Hi all,A little background - (skip to the tldr at the bottom if you get bored) I'm mainly a buy and hold index fund investor. While I'm certainly no finance major, everything I've read about investing has led me to ke...

Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:

1. Total debt has increased e...

I recently bought my first rental property, did some renovations, and now I'm trying to rent it out.

We started advertising March 1st on Craigslist and Postlets. We’ve had 8 people contact us, five of which...

Hello, I'm looking to purchase a earth home that is in bad shape. Basically, the owner wants out and his bottom price is $45k. The lot itself is 1 acre and the houses around the area are selling for $140-250k with s...

Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...

Hi BP, I am new to REI and I am building knowledge on all strategies (pros and cons) to determine which one is best for my current situation. This is specific to the BRRR strategy. Say I find a multi family property t...

Hello BP community,

I’m just starting to dive into the RE investing world. As I’m learning and discovering what my “niche” will be I’ve really become interested in MFH. In this space I know there are active and pas...

Hi all,I found this duplex in a very nice area in Westchester, NY. Here are the facts about the house:- Duplex. On the market for almost 2 years. Price was $470K in January 2015 and it went down to $430K in August of ...