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Hi BP community!I plan to enter RE investing through house hacking but I am a complete beginner and wanted to ask a question regarding loans. I am in the process of saving up cash for a down payment and I know one of...
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Hey All!There is an investment property in Ohio very close to me that is for sale for $15,000. I have a few thousand but not the entire $15,000. I know I could easily fix this up for $3000 and start renting it out for...
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What is the upside in assuming an existing mortgage on a property? Most deals I see that advertise the ability to assume the existing mortgage seem to have higher interest rates compared to what is being offered now o...
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Just came back from DFW looking for good deals on buy and holds SFR. We had no luck and will continue to look for solid deals but are now considering other markets. Every lender and insurance company wants to run your...
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Looking at a 26 unit complex.
Price $650,000
Got an email from the brokers finance guy
He said
-70-75LTC
-5twar with 25 year am
-indicative pricing in the lower to mid 6’s(depending on the sponsors strength)
I am ...
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BP community, BLUF: the current lease of our out of state rental is about to expire and the property is now listed below comparable market value. Should I consider switching property managers for the sake of increasin...
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Anyone have experience with team members for a SDIRA (a bank, CPA, attorneys) in Wichita Ks?MEssage me if you prefer not to post it here... THANKS
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Hello, I'll try to keep it short. Essentially there is a property management company that finds investors to pay for the build of duplexes that are then sold for 30%-40% more than the cost to build. Appears to be a we...
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I am not looking to start my own business in hard money lending, im wondering if there are any companies that work with investors such as myself? I have heard there are companies that allow you to diversify across mul...
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I have a property under contract for $300k. I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed. The title company doesn't seem to be as familiar with these types of transact...