Christopher Manus
First Rental Purchase - What do you think?
Good Evening!I checked out a property today and I'm ready to move forward with an offer - I would love to get some last-minute feedback to ease my nerves a bit. The breakdown of the deal will follow: Purchase Price: $...
Matthew Rue
Closing Question
A Seller who is a family member is offering that instead of going to closing with a title company to just process the deed at our city hall since he has done this once before. Since this is our first closing as a comp...
Nicholas Mahon
40 year mortgages good?
Hi BP Carebears!I'm looking at purchasing my first multi-fam rental property to create cashflow. The area is the Jersey City, which has pretty low prices considering its proximity to NYC and values will be climbing si...
Andrew B.
Thoughts? Zero down payment loans are now available for REI
Hey BP,Just ran across this article and wanted to get the community to chime in on what you all thought about a product like this and how it might be utilized.Is there really a need for it? Do you think it is useful? ...
Garvey Daniels
Help! How do I write a proposal for potential investors?
I have an opportunity to purchase a piece of land next to my in-laws. I want to purchase the land and build a two story single family that could be converted into a two unit at a later date. Plus, we want to put a gra...
Kevin M Cooney
Buying and Holding out of State Vs In State
I live just outside of Denver, and I’m looking to buy another rental. Here’s my question. Should I buy in Denver, and focus on larger rents after I pay it off, or should I buy out of state for all cash and get immedia...
Kerrick Long
My first potential deal: The numbers look good & feel bad. Help?
I've never done any real estate investing before, and I'm considering a BRRRR owner-occupied quadruplex. I've run the numbers and they look good, but I don't know that I've done them right. The acquisition price of th...
Jonathan Sher
Is the 2% rule good enough for you?
Hello fellow BP friends, I have read many discussions on here about the 2% rule. To my advantage, I have been finding deals that exceed the 2% rule. I am about to close on a house that turns out to roughly be 2.7% tur...
Saurav Batra
Are Chcago Condos a good investment
Hello All,
I am planning to move to Chicago. I went to school and love the city, but do not want to rent. I am looking for condos in the range of 150K - 200K... 1bdr ... (Looking around Lincoln Park, Gold Coast, Rive...
Michael S.
rental property blueprint
hi everybody this is my first week posting on this site and i love it. i own 4 townhouses(row homes) in camden nj for about 5 years now, and i like for all of them to have hardwood floors, carpet in bedrooms, and til...