1) Don't put 20% down. Especially if you are just starting out and don't have tons of cash and therefore won't be able to move on your next deal if you do put 20% down. Lenders love that 20%, but it just isn't necessa...

I'm curious to find what does the timeline look like assuming I'm getting a reasonably ready to rent property to the time to have a tenant? Assuming I bring the cash and will partner with a realtor and PM to stay hand...

Hey all,Just a brief history, I purchased a 2 bed condo in Toronto, 10 mins from downtown, nice growing area back in 2013.  It closes in 1-2 mths but I want to try and reassign and dump the unit.  I've had it on the m...

I am looking at a 4-Unit home in Sterling, IL, it is zoned as a multi unit. The asking price is 84,900. I have looked on the MLS and various other sites zillow, trulia, ect... there are not really any comparable sales...

Hi all,First and foremost, I'd like to introduce myself to this forum as I've been a BP podcast listener for some time, but just now decided to join with an interest in being an active member of the community. I've ju...

Hello BP Fam!
I am a newbie and am very interested in starting my RE investing career to achieve financial freedom! I am 30 years old, working a full-time job at a marketing agency, and have decent credit score (a li...

Hey guys I have a great opportunity for my first deal! It’s 8 units that will cost me around 600k and will net around 87k w/ 5% repairs, insurance, and tax. They are older homes which will need upkeep. I plan to reque...

Hi All,I’ve been reading a lot about the BRRRR strategy but am still confused about one thing. Assuming you are taking these loans out in your personal name, won’t the banks stop lending to you after the first few pro...

2/2 BR Duplex, $150,000 sell price* Rents $800/month=$1600/month both unitsExpenses:Mortgage ($150K @5%-budgeting high) $853/monthTaxes-$333/monthLawn/Snow $45/monthPM-$$160/month (10%)Utilities-Tenant pays allInsuran...

Hi All,I’ve noticed a decent number of multi family units that are listed for sale on Zillow or Redfin etc will have all of two exterior pictures and then a very brief description of the units themselves and then say ...