Hi, my fiance and I have house hacked and are currently owner-occupying a 4 unit property in DC. With rates as low as they are, I'm wondering if anyone knows of options available to refinance? I know with 4-units i...
Hey guys If you had a budget of $1500 and wanted to start wholesaling, what will you use the $1500 for to land your first deal?Marketing ect?
My husband and I just had our offer accepted for a triplex. We are attempting to use a 203k. We got our first closing cost estimate and we were blown away by the freaking closing costs. 20K before rolling in our UFMI...
Hi everybodyMy wife and I are looking to buy our first rental property, but we are not sure the best way to account for reoccurring costs. We know we need to plan for things like repairs and maintenance, but don't kno...
I’m a newbie investor with a full time job but have money for a down payment and very good credit. Why would a contractor partner with me on a flip or brrr investment? What do I have to bring to the table?
BP,We have a home under contract with conventional financing. At the time of the loan disclosure document signing our interest rate was 3.375%, this was on July 7th. Today our lender asks if we want to lock in the int...
I'm having trouble determining vacancy rates when analyzing potential markets. How do I know if I should be saving 5%, 10%, 15% or whatever the number is? How do you go about determining what you should be saving?
I am looking for a property in roughly the $100k range in the Sacramento area. There are some SFR's and condos on the mls in that price range. Most of the SFR's need work. I have about $25k in the bank, but I am tr...
About a month ago, I found out my Fiance's Aunt and Uncle we're selling their old house in Mt. Washington that they haven't lived in the passed 8-9 years or so. I didn't believe that they still owned it until I looked...
Hi BP folks,Since I've gained so much from the purchase and rehab stories here I thought its my time. Here are the details of my project. This will be a Buy Rehab rent, I will NOT refi. Details below. My goal for this...