Hi everyone,I would appreciate some thoughts and feedback on my potential first property. This will be financed with a conventional 30 yr mortgage at 4.75% and 20% down. Purchase Price: $50,000Monthly Rent: $850 (sho...
Hey Everyone,I'm hoping someone can shed some light on this or tell me a smart place to look to find the answer. :) I'm still a newbie that is planning for the future and trying to implement a CYA policy from the beg...
Hello everyone,
Today, I'd like to open up a discussion about a topic that often sparks a lot of debate among real estate investors: commercial versus residential properties. Both avenues offer unique opportunities a...
Hello! Very new to the STR investment community but doing everything I can to learn and this biggerpockets blog has been super helpful so I thought I would make my first post. My wife and I are looking to make our fir...
Hey Everyone!I'm really looking forward to getting involved in the BiggerPockets Community. I got hooked on real estate in back in 2007, but unlike the Podcasts warn against, I've read and learned a ton, but never ac...
Hi BP!
I'm looking for some insight on The Iron Works Community in Sacramento - I'm interested in buying a rental unit. Listings for a 2 bedroom / 2.5 bath (1,320 SF) have been coming up on the MLS at a range of $39...
Me and my wife have been shopping for our first investment property in the Buffalo, NY area. I am very familiar with the area and I am excited to see the area growing. Our immediate goal is to buy a multi-unit and hou...
When buying from the bank, some banks ask for proof of funds. I'm wondering if a statement from a 401K showing enough funds would suffice. Anyone ever try it?
Hello BP,After beginning my buy and hold investing strategy a little over a year ago, I am just starting to realize some of the problems and pitfalls that I was too careless or inexperienced to even think of. I sub...
I am looking to purchase my first rental but I am a little confused about the current mortgage rate. I know the mortgage rate is pretty high currently and is continuing to rise. So my question is, should I wait until ...