Hi everyone, still pretty new to the investing game. I currently have a home that i’m living in and now have an opportunity to buy my first investment property. The owner of the home is from a family friend, parents p...
We have an offering on a piece of property for $300K. We have a real appraisal for $360K from two years ago. Property has increased in value somewhat, do not know how much. The mortgage company I work with does both c...
Hi All,I recently began my search for a multi-family property to buy and hold in NYC and have been getting caught up in the tax calculations. I worked with a couple different lenders and they didn't completely underst...
Hey BP, I wanted to update everyone on my current life-stage and hope to provide some encouragement to others out there. My wife and I along with our 5 children have been living the American Dream. We bought out first...
It has been three years since my last real estate purchase. In those years: my family grew by 2, we bought our personal residence to fit our family of 5, and paid in full for our wedding/ honeymoon. With the investing...
Hey BP members!My brother and I are about to purchase our first flip property. We have the 20% down, is a conventional loan through a bank the best option putting it in one of our names? Is there a faster or better wa...
I’m trying to buy an REO from a wholesaler. Due to the contract being NON assignable he has suggested we leave him on title with me and quit claim him off after closing. I understand the strategy and I like the idea o...
I currently have an FHA OO loan on a duplex. My equity position is 4% of the original appraised value. I have forced some equity into the home, but not enough to be at a 20% equity position.
Additionally, I have not ...
I own a rental townhouse that has approximately 60-80k in equity (hasn't been appraised). I owe about 160k, and comps are around 240k.
I'm looking to get another rental property. Should I be looking at doing a HE...
Hey everyone! Excited to have found this site and podcast! I'm in North Atlanta and I'm a business owner (2 years). I live in the subs and there is a historical city a few miles from me. I know a guy who lives there i...