What would be the advantages to buying a duplex, living in one side, and renting out the other as opposed to just renting out both units and living in a rented apartment? Assume that the duplex is being purchased in c...
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Hi all. I've got a self storage deal under contract on a property I ID'd on my 45 day letter. To put hard numbers on this, let's say it's a $1m acquisition, and I'll put $250k 1031 proceeds into it and finance the o...
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Hello all,I finally bought my first rental with cash and my HELOC. I am very excited, fixed it up and had it on the market to rent...now with the corona virus, I am trying to figure out the best option is with it. C...
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With very little or no money, is it possible to start that way? What are options to start this way? I'm in Texas, DFW area, and new to all of real estate investing.
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I am struggling pulling the trigger on deals. I keep running the numbers for a BRRR property and they seem to work, but since this is my first deal I become a bit hesitant on committing on a deal. I am struggling most...
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https://www.wsj.com/articles/a-bargain-with-the-devilbill-comes-due-for-overextended-airbnb-hosts-11588083336
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I am considering becoming a landlord but I'm worried because I've seen a couple posts about tenants causing thousands of dollars in damages. I'm wondering, why would a tenant ever cost you money like that? Can't yo...
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I'm new to BP and new to investing. I do have a mortgage background and currently do hold my MLO license in CA. I live in Santa Barbara, CA and for someone that does not have a lot of capital, Santa Barbara can b...
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Apologies if this is the wrong forum, seems like a general question to me?We have a mortgage on our current house. After next summer, we are going to refinance. At that time, we will have around 100K in equity. I'd li...
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Do you have to own the property free and clear to offer owner financing?
If you don't, can someone explain roughly how you go about owner financing if you currently have a mortgage on the property.
I ask becuase I ...