I applied for a mortgage with Bank of America about 5 weeks ago. I'm supposed to close on this 2 family on 3/27. I've been bugging them for the past week because they haven't had the appraisal done yet. Finally tod...
I owe like $80k on a rental that is worth maybe $60k. It has been a dog for years and costs me money each month. I have owned it for almost 10 years and would just like to get rid of it. Is there any chance the ban...
Hi All,I have been trying for sometime now to drum up some investor capital to be able to purchase a multifamily apartment building in FL. The problem is that being new to investing in multifamily buildings I am havin...
Hey y'all! I was listening to one of the early podcast for BP and it was said that your rent price should be 2% of your purchase price. A lot of houses I'm seeing in my market don't meet that criteria. Should I move m...
Starting with no money in 2017, my wife and I decided we wanted to be cash real estate investors. For personal reasons, we have committed to not borrowing money for any reason. I understand this is contrary to all goo...
Hello,
This is my first post on here. I just found this website today and may be putting this in the wrong section. I am excited to have a place to learn, as I haven't really been utilizing research at all....
Can people speak about their experience with HUD.com as a resource to find and buy properties? Is it worth it to sign up and pay the fee? Are there properties on this website that do not hit MLS? If the properties a...
Hi All,I am looking to pull an FHA loan and I've noticed the rates have jumped after the election. Can anyone provide any advice on whether they will keep rallying or this was just a knee jerk reaction that will soon ...
Hi everybody, I'm shopping for a 30-50 unit MF apartment building and am trying to work some calculations for reserves and rehab costs. I have an ever growing list of data points that suggest investing at least $5,000...
For anyone in the Bartlett / North Conway / Jackson area in New Hampshire, does anyone have some STR cleaner recommendations? Given the times we are looking to ensure we are getting the most thorough cleaning option a...