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Hello,I talked with two credit union mortgage brokers today. I was seeking funding of about 30k to purchase a property to fix up and rent out.I am willing to put 20% down And pay those closing costs. Property has ligh...
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Hello All,Currently at the end of escrow on our first REI. Everything was smooth sailing. Great interest rate and funding - check. Inspections - check. Documents signed by us - check. Wired our down payment - check! L...
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So my fiancé and I are at unit 6. 4 of those units have happened since March of 2020 and we’d like to get at least 4 more this year. Everything so far has been through conventional financing and no major repairs, bath...
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I am a little less than a month into my research stage of investing. I'm getting a good grasp of everything as I am very analytic. However, cap rates are somewhat confusing to me. I am under the assumption the lowe...
I am looking to buy my first home in or around Los Angeles, CA (primary residence first, investment properties later). I understand home prices have risen and speculation shouldn't be my sole consideration on buying, ...
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I'm trying to add up all the costs for owning a home. I am looking at Cape Coral right now which is part of Lee county. As far I know the property tax rate for Lee county is 1.145% But are there other fees added to th...
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I'm researching a way to jump in to my expensive market. A regular 2 bedroom / 1 bath starter home will go for around $250,000 and larger houses can climb in to the $300's to low $400s depending on the area. Every no...
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I've run into some confusion at the last moment with my 1031 exchange and was hoping to get lucky and catch someone who knows the right answer.In short, I've got a settlement statement for an occupied multifamily prop...
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Hey Fellow BP Fans,I've had an opportunity arise in which I may be able to purchase a set of three 4plexes in a bundle. The seller isn't interested in any sort of wrap or seller finance so I would like to purchase th...
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Hello,I'm looking at running my first round of postcards/mailers. I'm in Massachusetts and looking at a $200-250k price range. However, i'm not able to pay cash for the property and will have to get financing. I'm str...