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I am a new investor and I am having a hard time understand aspects of a cash out refinance. Right now I am looking at a quad that is worth $171,000 that I want to purchase. This property needs new flooring, new cabi...
Just read this article in today's Columbus Dispatch. Economists are predicting that most US housing markets will begin to level off in the coming year, but Columbus is NOT one of them. The article discusses how, "Ther...
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It is extremely frustrating trying to do BRRRR deals in an area that doesn't have a ton of comps. The appraisal seems so subjective to what mood the appraiser is in when they do they appraisal. I am currently lookin...
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Hello all, this is my first post on the forum, so I will try and keep it short and concise.A homeowner is willing to offer her house in Lake Placid, Florida to me, without any cash in her pocket. She has a mortgage fo...
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Hi All,
Can you please take at my plan of action, I would to know if it makes sense, if you would do something different? My goal is get of the Peru market, and invest back to USA, I would to replace my income with ...
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Lesson #4 - Ask tenants to get full picture of ‘hidden’ deferred maintenanceOne we thing we were surprised by when we first took over managing our apartment buildings was how little they were managed by the company b...
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Hi there BPers! I’ve come across a potential flip property that I’d like to fix up, but it has pretty extensive fire damage. In order for my hard money lender to entertain the deal, I would need proof of homeowners i...
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I'm a disabled vet with a lake house near Austin. It needs some work, but I used the VA home loan when the lake was extremely low. I'm not sure if renting is the best option, but first I need to move. For now I'm t...
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Hello all!I am looking to buy my first rental property here in NJ. I just wanted to share my current situation and see what kind of suggestions come in, as I am obviously a bit nervous taking this first step. Any su...
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A BIG hello to everyone! My name is Rose Flood and I’m from the Philadelphia, PA area. I am new to creative real estate investing – I do own 3 properties (bought conventionally) and rent out 2 of them. In m...