Hello All,I’ve always been extremely interested and drawn to REI and during my journey to increase my knowledge I found BP. I have spent the last few months trying to learn as much as I can through books, podcasts, fo...
Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...
Hello to all BP members,I am a UK citizen and have loved the US from a very long time. I am looking to purchase a number of properties in the near and foreseeable future and would like some honest advice. I've seen pr...
Hello everyone,My name is Steve. Me and a partner have experience with SFH, condos, apartments, and small storefronts geographically between Boston and Cape Cod. We primarily buy, rehab (if necessary, usually less tha...
I am thinking of buying a house with cash and then taking out a mortgage. Are there any downsides to doing it this way? Benefits? Thanks
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 ...
We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...
I'm educating myself on how to properly analyze a BRRR property, and think I have the correct formula put together. Would you mind reviewing and let me know if I'm correct?To Determine Purchase Price:([After Repair Va...
Hi There,
let say that a property is being sold at 1M. Seller has 300k in equity rest is on a fannie mae loan. Instead of me giving a down payment, seller will finance the 300K in 5 years and we want to structure t...