First time poster and new real estate investor but I could really use some advice. I have $1.5M in the bank, and I’m trying to figure out the best move for my situation to start building out my portfolio and making ...

So, I bought a house from a nice older couple. It was their mother's house, and they live next door. The two lots are totally fenced in together with no fence between them, and in total they're 1 acre (I have 0.6, and...

I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...

I purchased a duplex in June in the South Jersey area to house hack with the expectation that the roof would need to be fully replaced, including decking. I also have a dead chimney that I want to be brought below the...

When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...

Greetings BP Community! Question

Background-

I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...

Hi BP,Quick question.. looking for some good advice!I just purchased my first duplex on Mar 31, (yay!) and I will be living in the top apt since it is through an FHA loan. The bottom tenants are very nice people and a...

How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...

Hi all! I am new to this forum and I am a new landlord. I am a college student in California. My aunt bought a condo in CA. She said I could live there for free, and asks me to rent out one room. So I posted my ad on ...

Hello fellow BP members, Does this seem like a good plan for someone who invests part time while having good W2 income and excellent credit? This seems like a very good strategy for building capital over a 10 year per...