I am going to try my best to explain my scenario and appreciate any responses.I recently bought a home for 200k and put 5% down on a 30yr conventional loan. My wife and I put about 40k in renovations (vaulted ceiling...
Hey All! Extremely excited to be here and to begin my Real Estate Investment journey. I have been thinking about this for the last 2 years and now that my wife and I are looking to buy our first home within the next...
Hello All.I think I posted this about a week ago - but not as a discussion. Please forgive the newbie mistake. First off let me thank everyone for the great posts and replies. I have learned so much over the last fe...
Hello BP community ! I'm 22 years old and I have 25k saved up, and it's not in the bank . Im hoping to buy my first rental property by the end of this year , but my question to you guys is where would you go to find a...
I'm looking at a few 6-15 unit apartment deals in San Diego County. I've talked directly to bankers at Chase, Wells, and somebody experienced at Cushman Wakefield who is a loan broker. All of them say under 750k loan...
Hello,
I've got an opportunity on an amazing off market property that my wife and I would love to move into but the property is 2x what I am able to afford. I have some investors that see the potential as well and wo...
Hello, I purchased a 4 bedroom home and was wondering if I needed to put beds in all rooms. I'm on a budget and it would come out somewhat costly, but I want to do it right since I am able to use the beds for future ...
Hi everyone,Im a new investor in Miami area. Worked hard over the past year to save up 30k for a residential income property. Preferably 3-4 plex while at the same time studying blogs and every book I could get my han...
Interested in hearing your preferred method of refi when completing a BRRRR. Trying to plan ahead, by April we'll be refi'ing 4+ properties, each with varying levels of rehab - three duplexes and one 4-unit.I know we...
Ok, I hope I can ask this correctly. I am buying 4 townhomes in Austell, GA. I used this calculator to determine if the property cash flows:https://www.calculator.net/ren...As you can see, I did use a 5% vacancy rat...