So I am looking into making my 2nd buy-and-hold rental investment soon and wanted to get your thoughts on what makes more sense on the loan for a 115K SFH.Option #1 - 20% down payment (23K) with a 6.375% fixed 30 year...
Hello all -I am new to the real estate investment world and am still in the "fact finding" stage. I live in California, and my ultimate goal is to invest out-of-state (likely in Pennsylvania, Indiana, or Ohio) with bu...
Interested in buying a cash flow property in Cleveland for a first time investor, would love to connect with real estate agents, PMs, investors, and locals that would be willing to share some insight on neighborhoods ...
So I have been advised by a 50+ home flipper who has been in the business for 25 years in this area to go for an FHA mortgage on a property I wouldn't mind moving into and then to eventually sell it. Does it violate a...
Hi Everyone!! I'm pretty new here and wanted to take this opportunity to say hello and introduce myself. I have been working in investment real estate all of my career. Most of my work has been around real estate fl...
Hello to everyone here at BP.. I have been reading post for awhile especially reviews and think this site is great. Everyone seems to be willing to share experience freely. I have read and attended many courses but li...
Hello! I wanted to a little advice on how to go about finding the closest estimate value on a multifamily property. (other than getting an appraiser). If that is possible. Thank you!!!! (sorry if this is a silly ques...
Once a house is under Option to buy, does an investor have the exclusive rights to that home? Thus the Short Sale process has begun, etc, etc.
So I'm finally closing on some properties in Joplin next week.
2 properties
1st property:
1/1
770 sq ft
sales price is $12k
Sold comps are at 25k, 28k and 1 across the street at 42k(a lot nicer)
cleaning, paint an...
I'm a new investor-really new-as in I've just finished chapter 7 of the Ultimate guide. I have a question about the 2% rule. Why is it that we say rents received from the property equals only 2% of the purchase price ...