I’m not sure how to start this post so I’ll just get right to it. I’m 34 years old working active duty for the National Guard. I own a 2400 sqft, 4br/2ba house on 0.95 acres that’s paid off. I own another property tha...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $147,500
Cash invested: $13,000
Sale price: $269,000
We bought this condo with a Fannie Mae loan to put down 7%...
hey! So I am very new to this and this question may be silly, but aside from anything conventional, could I get private or hard money just for a rehab on a property I already own free and clear? What would be the nec...
I have a question. Is ARV always more important than the bottom line numbers?? I’m looking at a duplex and I could be all in around $65k-$70k. I’m out of around $14k of my own cash & the rest financed. Can rent fo...
Hey all. I am still very new and have not made any purchases yet but our state Gov. has opened up a new grant for first home buyers. This looks to make things possible to get a small 2bed apartment to start the portfo...
Hello BP Family - I have a client that is in a financial predicament. They own rental property valued at $700k that is 100% paid off. The rental income is their retirement income. I would like to know if anyone here i...
Hi All-
I'm a newbie and learning as much as I can about the BRRRR method. I live in the Seattle area but am exploring options in the midwest and south to invest in. Thanks for such a great community to learn from!I'...
Situation:Single Family Rental financed on 15 year note. P&I payment is $330 dollars. 13 years remaining on amortization schedule. Payoff amount is $35,000. Interest rate is 5.25%. No plans to sell, assume a ...
Hello Everyone! I have been researching loans for an sfr and am wondering what my options and terms are for 10% down payment. I also can afford a 20% down payment so I need to weigh the pros and cons for the equity...
Hi Everyone-I wanted to take the opportunity of having a quick question to also say hi as a new member. I've listened to a ton of BP podcasts and learned a lot. My fiance and I are excited to be under contract for our...