Good afternoon BP family...I am reaching out to see if anyone can steer me in the right direction to a lender who has a 30 year product for an investment property.  I think my biggest scare right now is seeing a lot o...

Hello BP Community,I have been a fly on the wall for a long time and now I am finally posting. within the next year or so, I am going to purchase my first home with my soon to be wife (not engaged yet, so don't tell h...

Trying to figure out my strategy beyond the first property. Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If thi...

Hi Everyone, we have been acquiring single family rentals (>10% cap rate) in St.Paul and Minneapolis the last 12 months and we are noticing the demand for affordable single family rental (1100 - 1500)  is increasin...

Hi all! First time homeowner here (since 2020)…I really want to move out of my current home because it is too large for me and my two dogs and I hate cleaning so much space (refuse to pay someone to do it haha)it’s a ...

I have a son of a friend who has come to me with a pre-forclosure. He's 4 months behind on a 1st and 2nd mortgage.
Looking at the numbers, it does not seem to be a good property to flip to an investor. But I would lik...

Why would people buy condos/SFH in Texas if they wanted to live there for work?Let's say someone wants to live in Houston, TX near the medical centers for work. Would it be a logical argument that renting is almost al...

While researching a hypothetical deal, I came across an 18 unit building that seems to be vacant. After much Googling and many phone calls, I tracked down the realtor/property manager involved in this building. It see...

Acquiring 88 units out of 200 units in a fractured condo deal, we knew going in, getting the terms we wanted we're going to be quite challenging. History on the property ... back in 2004 this property was ran as a 200...

I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...