Jon DeCamp
Types of Mortgages - What do these mean?
Below is mortgage history data for a property: The property was sold in 2004 and purchased by current owner for $248,000. It looks like there was a mortgage for $173,600. It looks like the owner put down a 30% down pa...
Joe Mathew
Where have you found your mentor
Where have you guys found your mentor? For those of you that have, was it critical to getting your rei career started? I feel like Im spinning my wheels right now.
Justin Williams
Buying residential multi-family unit apartments ( 2-4 units)
Hello, I’m in the process of obtaining a loan to buy a multi-family unit apartment. For 6 months, I’ve been renting out my house that I bought 1.5 years ago. With that being said this would be my second project, but I...
Vinod Sirimalle
Expected CAP rates for Jacksonville FL area
Hello,After doing some research I decided to invest in Jacksonville area. I am now in contract for a turnkey investment in Arlington area of Jacksonville. I'd appreciate if folks who invest in this area can provide so...
Manolo D.
Residential Contractor Fund Programs
Hi BP, just trying to get my ducks in a row, so far, I have just broken ground to residential market. I am exposed to government and commercial tenant improvements or construction, where we are to perform then get pai...
Jacob Muniz
Partnership/networking in Silicon Valley
To the BP community in Silicon Valley,
I am looking for like-minded individuals to network and possibly partner with in my community! I was born and raised in San Jose, CA and now live and work in Santa Clara. I rece...
Andy Perez
The death of the NO INCOME verification loan
Hello, I just got news that my financing back is no longer funding my deal...I am under contract to purchase a 2 family home in The Bronx (NY). After getting the loan approved and getting a clear to close, the bank ha...
Mira Ramesh Babu
Converting SFR to Vacation Rental
Hi
I have 400 k to invest. I'm thinking of a single family home that I can eventually make into a vacation rental. Would like to know the BP community's thoughts on this idea. I reside in Los Angeles and willing to ...
John Burtle
What's the best way to account for repair costs?
I'm by no means ready to invest just yet. I am still doing research and saving $. In the mean time I'm trying to learn as much as I can. What is the best way to account for repair costs on a house? If I see a house fo...
Trina Seever
Advice on the best way to enter a new area
It's been awhile since I've posted, I love trolling but am usually too busy sheet rocking and such to actually post anything :) But I'm kind of looking for advice from investors who do a little different line of work...