Hello BP members thank you for taking the time out to read this! I am going to be in the market in the next 6-8 months to buy a property to live in and I am trying to figure out exactly what banks would like to see fo...
Multiple of my recent seller financed deals have allowed me the opportunity to put zero money down. I have had better luck negotiating zero money down with the seller than I have had negotiating a lower price point. ...
I have a total of 6 rental properties. I have 4 that are free and clear that I paid cash for. The 4 houses are currently worth $480,000+- . I paid around $400,000, I am wondering if I should refinance the houses or st...
Have the opportunity to purchase 2 mobile homes for around 25K. Both in very good condition 2b-2ba. Single wide. Lot rent $275 includes property mgmt as well as water/trash. Property manager screens tenants. Nice MHP ...
I am thinking of buying a property and renting it out. I basically would like to know:
The operational cost of renting properties
Pro's and con's of renting out property
The substantial amount of funds needed for mai...
So I am at a bit of a crossroad. I am and analyzing and finding deals regularly in my target market. Some of these deals are on the market while others are not. I would love to start investing myself but because of my...
Hello BP family. One of my goals this year is to apply and get approved for a PLOC, ranging from 20-35k. I wanted to ask does anyone have experience with this process and what should I expect? I’ve heard many banks ar...
Trying to wrap my head around putting the refinance conventional loan into my underwriting. This is a theoretical deal:Seller Financing 32 Units $2,500,000 deal.I put 10% Down ($250,000) at 5% I/O for 2 years.My annua...
Just a question out of curiosity. I’m a novice investor trying to get good at the analysis report. My question is, Is it normal for expenses to go up when your house hacking ? Aren’t Expenses meant to decrease?
This is something I would like to do in the future, possibly next year because i need to rebuild my reserves for my two properties that i acquired this year. I have only been to USA a handful of times and don't know m...