Hello BP Members,I am currently in a particular folk in the road towards my first property.I have one property that a REI is offering me, its a 3-family in Newark, NJ he's currently rehabbing the place now. House is i...
Hey everyone! I'm looking for some tips on how to acquire a small multifamily (1-4 units) in a slow market to house hack. I just recently got approved for a loan and have been working with my agent for about a month a...
Tell me about your worst guests. I have a bad one this week, and I"d love to hear what you've been through and that you made it through the other side. I will admit - it's not a great situation. We heard a few days be...
To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...
I have a tenant whose fiancé left yesterday. He states he’s getting a restraining order on her for various reasons. The current lease is up in May and he is asking if I can take her off the lease. Can I get some advic...
Quick Question: I have a duplex that i have been renting out for the last 2 years. Purchased in 2003 for $90k (more than market value). I lived in one until until 2016 and I refinanced in 2014 to 15 yrs at 3.75% inter...
HELP all advance 1031 professionals and CPAs. I have two CPA's with 2 opinions and now I want the communities opinion. So I listed an AZ property I bought as a 1031 replacement and closed on 6-30-22 for rent @ $6000 f...
I've read that by using the brrrr strategy you can acquire around 2 properties per month using this strategy but how is this possible if your using the same money and you have to wait for 6-12 months to refinance your...
Hello BP community,I recently invested in a STR last year and its going great! Projecting revenue of 84 k with a return of 25 to 30 % on my upfront investment. I am looking to invest in more STR's this year with partn...
REO property (Fannie Mae) listed for $144k in my area but needs work. Comps come in at this price but are move-in ready. I know this because I recently had an appraisal done on a house, with the same floor plan and in...