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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
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Hi all - I am looking to get started with my first investment property. I have consumed so much information in the last 1-2 years and I am ready to stop the information gathering and get my first property. Since I don...
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I am soooooo disappointed at BP. A site that I have recommended to many friends and family.I was so excited watching some of the podcasts for the last few days, and just realized wow, this could just be a whole big lo...
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Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
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I think I use to know what the classification of class A, B and C apartments meant but recently that knowledge has been challenged so here is my question.
Could this very from market to market or even investor to inve...
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Hello all. WOW 2 post in one night. Anyway...
I have recently been very interested again in pushing my real estate ventures to the next level. I have in my opinion done well with my current rentals, but now feel ...
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Hello BP
I would love for some more experienced REIs to have a look at the details of a recent purchase my partner and I just completed and give us your thoughts on how you think we did.
THE PROPERTY
...
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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...
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Every week, several people start threads asking how to get started or which market they should choose. A year ago, I started asking the same questions and have a brief summary of what I think a new investor should do...