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Hello, I am a newer investor and my wife at I our looking at our first 4 unit home. Its a 4 unit in a nice area, listed at $225,000, doesn't need any work and is fully rented at $3,200/mo.
Details:
Tax...
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Hey BP community! Question- Does my current lease payment for the apartment I am renting impact my DTI for an investment property I plan on purchasing? I have no intention on living in the property so it wouldn’t be a...
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Hello all I’m in the process of buying my first rental property the property is on the outskirts of Denver. How do you fine folks evaluate the area surrounding the property??
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Investment Info:
Retail property investment in Fayetteville, NC.
Marketfair Shopping Center is a completely redeveloped neighborhood retail center located near the largest military base in the world, Fort Br...
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So I'm trying to find my end goal and wanted to see if I was on track or not. My plan currently is to get 40 units that on average get $200 of cash flow per month. Once I get there I would shift my focus to holding f...
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Hi all, I am new to this site and looking at starting to purchase real estate to rent it out. At 23 years old, there is no better time to start than now, right!? Anyway, I am looking at purchasing a property and tryin...
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Hello,Newbie investor just purchased my second rental home.What I am doing is buying bank owned homes that need work (cash only sales). I use a HELOC to purchase the property and do all the repairs.I am fixing them up...
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Hello Everyone,I'm looking to cash-out refi a single family home that is worth about $100K that I have owned since November. I did the rehab, have a tenant, and would like to get some cash back to do it again. Who i...
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What is your general strategy when making offers on REOs or HUD properties?
Do you typically make an initial "low ball" offer to see if they will accept it and then make your maximum offer price after that?
Interest...
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I recently heard that Los Angeles has a 6 occupant rule for single family houses in Los Angeles. I recently saw a 10 bedroom house that would be perfect for me to rent to students but if it is a 6 person max it kills ...