I currently own and rent out a SFH to great tenants in New Orleans worth approximately 270K. I rent a small apartment in New Orleans b/c financially it makes more sense. I owe 118K on first mortgage and 18K on second ...
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Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
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I'll lay this out as briefly as possible. I would like any advice/opinions on how we're going to proceed. If anyone has a better idea on how I should proceed with investing in rental properties, please share your ide...
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Before I jump into anything, I want to have most or all of my team in place. And what better place to ask for suggestions than BP?! I know some of these questions have been asked in the past, but I can't figure out ho...
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I just finished listening to the Jeff Greenberg Podcast on Multi Family and wanted to comment on that podcast.First and foremost I'd like to say that I thoroughly enjoy the BP podcasts. I also enjoyed Jeff Greenberg's...
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Hola BP. First, I'm new on this forum. If I'm posting in the wrong section of the site please let me know and I'll make the appropriate move. Brace yourself, this is crazy, crazy, loooong story.I have a rather 'uni...
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If you had a few hundred thousand in cash, ready to invest in RE -- what would your RE investment strategy be?Spread it around? land, multifamily, SFR, commercial or simply concentrate on one specific type of RE inves...
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Here's the deal:Agreed price: €159,000€1000 Reserve put down and lawyer instructed10% deposit not yet paid (can walk away)70% mortgage pre-approved but not officially offered (€514/m) pre-Corona rental income: €850-95...
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I am interested in purchasing an apartment building as a first investment property, it's the only building that has decent numbers at first glance. It is an 11 unit building with two store fronts. Only 4 of the 11...
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Hey BP nation. My wife and I bought our first property, a 4-plex, almost a year ago so we are still pretty green as for as land-lording goes. We have a tenant who we inherited from the previous owner that has a seriou...