Hey everyone, I’m hoping to get your advice on a decision I’m trying to make with my real estate portfolio. I’m going to try to stay high level, but I will also share a lot of details so that you know the full picture...
I'm purchasing a property, it is vacant duplex, and closing date is end of May. Obviously, the goal is to get tenants in asap. Until I close on the house, I'm assuming I can't do anything because the house isn't reall...
I am currently investigating a deal and wanted to get some feedback from some of the investors on BP. This is my first time requesting feedback for a deal for a potential opportunity so go easy! So here goes. Sale...
I'm having diffuculty understanding this calculation. Please help me with the underlined numbers. If you purchase the same $100,000 property (in point 3 above) but get an $80,000 loan at 5.5% for 30 years and put 20%...
I had a meeting with a loan officer from a small local bank. They do portfolio lending and I was sharing my past projects and my future plans. He calculated my debt coverage ratio for one of deal I'm looking at and he...
So I am a sophomore at the University of Maine for Computer and Electrical Engineering and currently have no Student Loans as I have and will be able to pay the amount of the loan to my parents and thus not need them....
So, we are at the point where we have completed renovation on our 2nd property, new PAYING tenants are in, and are now able to cash out refinance this deal. Breakdown below on our property and current mortgage rates.P...
Hi all, Trying to brainstorm if this is a good or terrible idea. I would love to spend my retirement in Florida. I am debating if I should buy a decently priced home in Florida using a mortgage, rent it out as soon...
I'm about to embark on my first commercial real estate development project.I plan to buy a ~1acre property in Georgia to construct a 20,000sqft building with the following breakdown:8,000sqft retail space7,000sqft war...
I am planning to visit Austin 10/30 to 11/2 to check out some properties. Currently working on refinancing and cash out about 1-1.5 M, by November.. Looking for some apartments out of state with nice cash flow and saf...