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Recently closed on residential with rate of 3.5%. I know investment properties run higher rates but is 5.75% a bit too high or that’s typical? This will be my first purchase of actual investment property. Thanks!
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So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
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I'm curious what the experiences other investors have had when it comes to banks verifying owner occupancy. I have a friend who said that they never checked but I'm curious if anyone has had any experience (good and ...
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Hello Everyone, My wife and I are new members and are excited to be a part of BP! We currently own one SFH property in Indianapolis. We got this property through Morris Invest (They are awesome by the way)...
Hello BP, 25-year old from Texas here and I'm itching to get into the game. Here's the first property that I've come across that seemed actually worth my time to crunch the numbers on, help me see if this is a good de...
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I'm moving to San Diego next year from Denver, CO and am looking to make the right personal finance decision in the process. I have the funds available today for the purchase of a rental property as well as a primary...
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I read that rents are down at least 3% in the hot markets of SF, NYC and Boston? Any landlord in these areas care to comment? If so, how does that affect the decisions to buy rental properties in these metros as the t...
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I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
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Has anyone ever dealt with this auction site? They have several listings in my area that are seriously below market value, but few guys seem to bid on the properties and then after the auction closes with the reserve ...