Hi. New to the BP site and appreciate all the good advice and experiences shared here. I am looking purchasing my first multi-unit and would like to know if the numbers make any sense to an experienced investor. Th...
Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...
Hello all. Needing some help with a sfh in Decatur GA. The house has a finished basement and is rented out. My tenants informed me that they left town and when they came back they discovered mold growing on the car...
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
I completed my first BrrRr project in 2017. All in all it was a successful endeavor with many lessons learned. One of which is why the third “R” in BrrRr is capitalized. That refinance piece can really be a tough n...
Hi all, reposting this in a different section for more perspectives.I have an off-market property under contract for 400K in SLC, Utah that I was planning on house-hacking to friends while renovating. A problem arose ...
After my duplex was built, I decided to try an build smaller more affordable places here in Chanute, KS. They will be 4 Plex, one bedroom ~500 sq. ft. apartments. It has been a learning experience. The area is a very ...
First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...
Hi everybody, I have been looking to buy a fixer-upper to remodel and flip.My realtor has a listing from a lady whose husband died in February, she wants to get rid of their 3 properties and told the firm to please ha...