Stuck on what to do next…I currently have a 1 bedroom condo in Boston that rents for $1,700. Over all it is in pretty good shape and monthly expenses + mortgage/HOA by the end of the year come out to around $1,100. So...
Hello all, over the past months I have been preparing myself to find a flip and although i knew the end goal was rentals I haven't been really paying attention to how to really run the numbers on a rental. I might hav...
My wife and I recently where able to get a HELOC on the home her Parents have. The home was paid and unfortunately, her dad passed away. Her mother is still alive but moved in with her sister about 2 yrs ago. Since th...
Well, I recently bought a house through a short sale for $110k, put 12k into it and just got an appraisal on the property for 164K. This is my first home and I'm really just sitting around grinning from ear to ear as ...
I'm trying to purchase a duplex with my parents. They are considering getting a HELOC on their current home which is paid off in full. The duplex is for sale for $300k. Is it possible for me to get a conventiona...
I bought a single family home in 2017 for 206k with 3% down. Mortgage balance right now is $191k. The property is rented for $1600 per month. Houses in the area are now going for $300k but mine is probably worth $285k...
Hi, BPers
I am in the middle of applying for HELOC on my primary home and the bank sent an appraiser to appraise the value of the house. What he/she did was selecting three comps and adjusted their values based on th...
Hello BP family,I currently own two investment properties free and clear. One is a duplex and the other is a SFR. I have an opportunity to purchase 4 additional properties from a fellow investor that has recently turn...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $185,000
Cash invested: $20,000
Sale price: $260,000
Second live in flip in New Hampshire
What made yo...
What do you do when your appraisal comes in $100k OVER the purchase price.My goal is to buy 20 units each year and we are about to close on our first 4 unit building next week. The appraisal came in a lot higher than...