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...
Hey folks,Not yet familiar with the Springfield area, but wanted to see if anyone had thoughts/suggestions on the analysis of the following BRRR deal: https://www.realtor.com/realestateandhomes-detail/...This is a sid...
Hi everyone, I'm looking to get into my first investment opportunity. I'm currently looking at a great potential buy and hold rental. From my initial analysis, it looks like a good deal. I've already looked at the hou...
Hey BP. I’m under contract on a duplex for 165. The inspection came back stating the roof needs inspection possible repair. Seller said it’s an as is sale. My realtor said that he doesn’t think it will appraise much h...
So this is a new one. I purchased my grandparent's house form my aunt and uncles when my grandma passed away. Of course I got a really good deal on it. I own other properties that I rent out and I think they just kind...
I've been rehabbing and renting out single family homes for the last few years but just ventured into my first multi-family. I’ll admit up front that I’m a design junkie and I’m motivated by the challenge of creating...