When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...
I saw a 4-plex that was priced very well for the market it was in. I asked for the pro-forma, plugged in the numbers and it failed miserably. The problem is that the rents are about 80% of what I think that market ren...
Hi all. We bought a townhome in October of 2022, intending to live in it for 3 - 5 years, then rent it out. Unfortunately, we have to move a few hours away in September because of work. If we rent our house out, the t...
Hi all,I brought a single family home last year in nyc with 20% down payment. Home mortgage is $3700/month and $500/month extra payment towards the principal. Currently, I am renting it out for about $3100/month so I ...
Great morning BP family,
I purchased my first home on April 1, 2024. I bought a 3/2 1500sqft foreclosure in Ormond Beach Florida. My purchase price was 225k and I put 5% down. I put about 60 – 70k in repairs. I compl...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $55,000
Triplex in SE Cleveland (D+ neighborhood)
Purchased for 90 and saw 105 for v...
Navigating a Strange and Uncertain Market
We’re rolling into year two of decade three of the new millennium amid some of the strangest circumstances in recent memory. Covid-19 has put governments, societies, and econ...
Hello All,
I am looking to start investing relatively soon. I've done tons of research on investing via books, blogs and websites like biggerpockets. Now that that I know how I want to invest, the next question is wh...
I thought I'd start a discussion about rising interest rates, because quite honestly I'm not hearing that much about it, and I'm wondering why. From what I'm observing, it's like the elephant that's NOT in the room, e...
Hi all, I have the opportunity to purchase this flip, Considering there's no lean against the property, I would do this flip with this calculation, it's owned by Real Estate Broker, Asking Price $216KEstatimate Reh...