This is a question of what you would actually do.If you only had $6000, which would you choose and why? Can get decent houses around the area for a low price. Credit score is fair.1. Keep saving money until you at lea...
Dear BP, I'm an international investor and I've closed my first deal this July in Downtown Miami. It's a 2-bed, 2-bath on the top floor of a very nice property Downtown. I'm asking a price right in the range of neighb...
So, I'm beginning to look for a bank to get a HELOC, but I've read that the big banks (Citi, BofA, etc) won't do it. I live in NYC, but I'll be looking at properties outside of the city for obvious reasons. Where shou...
So my son is 19 and wants to start real estate investing. He was in college until covid hit and now he has decided not to return. He did have a restaurant job but has worked for me for cash for last 6 months. My que...
Why are Credit Unions OK with Collateralization/Hypothecation of a note but most lenders are not?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $210,000
Cash invested: $21,000
currently under contract with a cash buyer at 305k
What made you interested in...
Greetings BP,
I'm working on a market analysis for a boutique coastal hotel, as we're under an NDA at present I can disclose limited deets.
Closed public comparable sales are somewhat limited and subjective so I wa...
Hi BP! I'm in the final stretch of purchasing a duplex. My conventional loan should close on May 31st. I have insurance and all the paperwork ready to go. I suppose anything could happen between now and then, but it ...
I found a piece of rental property with a tenant already in place. It appraised at 120K I have a contract for 82K. I'm putting 42K down on the property. The bank wants to give me a loan on the 40K. 6.5 % with a balloo...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $72,500
Cash invested: $35,000
Sale price: $115,000
This was a distressed property set up a...