Matthew Hamilton
Is this worth it? Low risk investment?
I have the opportunity to purchase a 2b/2b 1300 sq. ft townhome for 200k. 5.5% interest rate and 25% down. Monthly payment is $1350 before vacancy and capex. There is an existing tenant who has been there for 5 years,...
David Bautista
New to Real Estate and over thinking properties.
Hello Everyone!
I live in NYC and we don't have anything affordable for noobies like me. So I started looking at different Markets like PA. I found a duplex that has been on the market for 181 days. The bottom floo...
Bob Ross
FL condo as investment property?
Would you advise purchasing a condo in Florida, perhaps Cape Coral and renting out year round?Seems like you can get a condo with pool access for as little as 150k which should from what I’m seeing get around $1000 a...
David Wherry
BRRRR in Huntsville in 2022. First post on BP
Hello,I am finding banks are not as willing to do a cash out refinance for BRRRR strategy these days. I have spoken with 2 lenders and 1 will not do a cash out based on a hypothetical new appraisal. The other lender i...
Matt Tallent
HELOC on investment property?
Has anyone had experience getting a line of credit on investment properties? What are the LTVs, requirements? Thanks!Matt
Mark Houghton
Placing bids on HUD housing
I have been researching HUD homes in my region and have found a few I am willing to put an offer in on. I recall in podcast 38 Travis saying he would put in hundreds of offers on homes through a virtual assistant a...
Leslie Kym
Tenant screening, low income, full year payment
A prospective tenant, who is a personal friend of my previous tenant is interested in the unit. They submitted an application, but they don’t even make twice the amount of income as the rent. They stated that they w...
Josmar Burga
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hi, I just joined BP Pro and I would love to heard from any experience investor if this deal is a good d...
Kristen Buckley
Painting kitchen cabinets
I just found you guys, what a great community!I've been running a successful cabinet painting business in Raleigh, NC for the past 5 years or so and have seen varied advice and suggestions about how, when and when not...
Brandon Sturgill
Simultaneous Closing and Fannie Mae Guidelines
Is a simultaneous close within Fannie Mae guidelines...? I am looking to close on a flip and trying to locate a title agency that will do the simultaneous close. The agency rep indicated they could do the closing if i...