I'm looking at conventional financing to purchase a property, around 250,000 where I can pay 10% downpayment and get approved for the total amount. While the house needs small cosmetic upgrades, it sounds like it woul...

Hi all!So I posted before, and I think it's obvious I don't know what I'm doing yet, but I'm trying to change that. Currently I am employed full time and last year made 80k. This made me mad because with that income I...

Looking at buying my first investment property. I believe my lender is suggesting a 20 year amortization with a 5 year balloon. Is this a bad idea for an investment property? Hopefully this isn’t a dumb question. Than...

Ok so here is the story:In June we hired a contractor to replace the roof on one of the houses. I call insurance to make sure he was insured and that he was all good. Check ratings....so on. About 3 weeks before the j...

Hey all! I’m looking for some advice on my current triplex..Its my first buy and holdThe deal..3 family in southern suburbs of Boston in need of major rehab. PP $170kRehab $270kall in $470kARV $675kMy original plan wa...

I have my first investment property under contract for $87,500.  It's probably worth $67k, but I think it can still net $1000k/mo. after ALL expenses.  I signed a contract without adding the inspection contingency.  I...

Hi Everyone, 
 I purchased my first property 5 months ago. It is a 2 family in St. Louis- tower grove east neighborhood, 2 1100 square foot units. My occupants were paying $1100 a month however they have agreed to pa...

Hello BP Family,
I am closing on my first multi shortly, the rents in Woonsocket are as follows 1st Unit 2 bed 2 bath $895. 2nd Unit 3 bed 1 bath $995. 3rd Unit 3 bed and 1 bath $720. The 3rd unit needs to be updated...

BP Community: If an investor is on a short-term, high interest rate loan that helped to acquire and rehab a property, what happens if a recession hits before the property is seasoned and refinanced? 

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Nashville.
Purchase price: $370,000Cash invested: $20,000
Quadplex in south Nashville (Nippers Corner). Negotiated an offer the day it hi...