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Hi BP Community! I am looking for any advice someone may have for my current situation, thanks for any help!I own a SFH rental in Peabody, MA which has appreciated quite a bit this past year. Right now the LTV is appr...
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I read this morning that the Fed signals bond buying taper coming "soon" and interest rates rising between now and 2024.Does anyone have any thoughts on if this will effect the housing market, mortgages & borrowing?
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I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...
Hello! I recently got into real estate and was learning about a few things and I want to make sure I understand the concept of leverage. Recently I have been researching about whether to use cash or use leveraging whe...
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Hi Midwest BP,I will be closing on a SFH in Edina, MN on December 22nd. My goal is to get it rented out with a short or long term lease by at latest February 1. My thought is that if there isn't a great long-term tena...
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Hi everyone, I was recently approved for a cash-out refinance on my 15 unit apartment complex. The appraisal for the property turned out surprisingly well and the property was valued much higher than what we anticipat...
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I didn't realize I had become a real estate investor when I bought the abandoned house across the street and renovated it with plans to rent — I really I just wanted to save the charming 1940s cottage. The project cam...
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Hi all! I have been educating myself on real estate investing for over a year now - it started when I read the (cliche) Rich Dad Poor Dad book, and then a lot of finance, real estate, and business books since (and sti...
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Hi everyone! I am wondering what are some resources, preferably free, to get market data for the area I work in? I have lived in Charlotte for 14 years so I know school districts, the different areas, age of certain a...
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Back in December 2018, I was part of a group that purchased 2240 Post Street in the 32204 (Riverside) area of Jacksonville. It was a great house that was Victorian and the old woman was a hoarder and had let the house...