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How does this deal look?This is a two story, 2 building multi. On site laundry facility, water is paid by owner, tenant pays electric, no gas, no pool, very good neighborhood, units are in decent shape. There are 8 1 ...
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Hi BP Community,So I am pretty new here and I apologize if I haven't quite got my head wrapped around some of the RE metrics and/or correct forum to even start this thread. But a potential value-add opportunity came ...
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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...
I'm sure we all know central bank rates are quite low in Canada and the US, and I don't want to get burned if they go up in real terms at some point. When considering buying a property, do you make any allowance for i...
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My first fix and flip became a buy and hold rental - unexpectedly. The renovation took a month longer than expected. Sales prices for similar homes in my selected area peaked and began to fall before renovations wer...
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What happens if you put a house under contract but don't get it sold in the agreed upon time frame? This question is for my Missouri folks.
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I could use some help evaluating a deal please. Short version--I've done some flips, but wanted to get into buy and hold. Ran into a man willing to sell his 8 plex that flooded last year in Baton Rouge. A little nervo...
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Hello everyone, I started buying real state about 5 years ago and I have never called my self an investor but thats what I want to be. We have 3 properties that we are renting out plus our private property. Now we a...
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I am bit of a beginner located in Southern California and was looking at rental properties in the Orange County area. I am having a hard time finding properties that satisfy the 1% rule (whereby monthly rent should be...
Hi all -The mortgage agent who approved me for a conventional mortgage and agreed to have the the mortgage underwritten (he is not the actual underwriter) for a close next week on a rental property just came back to m...