Daniel Dadzie
Bad Areas In the Columbus Ohio Area
Which areas in the Columbus I should watch out for. My property is in the 43222. I was told to me by multiple Investors that it was in a War Zone, and next time I should do research in the neighborhood first. Would an...
Timothy Aughinbaugh
Opinions on this deal
I have a portfolio of 7 properties, 9 units total, current ARV is 750,000. I have been offered a 30 yr fixed 6.5%, 1% origination, for 575K loan value to the portfolio. It has a no pre payment penalty and is pretty ...
Steve Bell
Vacation property down payment pros and cons
Looking at a STR to make first real estate deal on. Can anyone tell me why a lender might discourage 10% down on a vacation rental? I understand it's possible that interest rates would be higher than putting down 20%,...
Phillip Beatty
Beginning to have choices
Hi, I bought my first property in March of 2005, while I was in the military. Since then I was fortunate enough to purchase an estate of three properties (6 rental units) under one mortgage. These properties have more...
Robert Pyke
New BP member in Houston, TX!
Howdy fellow BP-ers! I am new to BP and am excited about starting to build wealth through investing in real estate. I am 26 years old, I live in Houston, TX, and have ZERO real estate investing experience. I have co...
Alex Schredl
Cash Out Refi vs HELOC
Hello all,
I am trying to figure out what makes more sense for me in my current situation.
My current 30-year fixed mortgage on my primary residence is about $2k a month.
I want to refinance to get a lower rate in...
Dr. Scott Benjamin
The Law of 72!
Folks,I want to introduce you to an exiting financial rule that should get you all very excited. When investing (whether it be stocks, bonds or real estate) your investment doubles based on 2 variables. The first is...
Jairmiya St. Hilaire
Help in the Commercial Real Estate Space!
Hi,Looking for advice regarding financing for an apartment building. I'm just starting out in the commercial real estate investing game and I'm seeking an investor that is experienced in this area to share your though...
Jacob Vavra
Getting Started in REI... But How?
I know that there are 100+ posts on BP asking this same question but i want to get more specific. I am a 29 year old husband and father trying to get into REI. I will list off my financial situation below so you know ...
Erick Michael Ford
Owning two rentals at 18
Only 18, and Currently have two single family homes in my name.Bank Financed Rental 1 ( Peck, Michigan ) cost $41,000. Rent $700.00--1.73% close to the 2% rule Owned since 7/15/2015 to date 5/22/2016 minimal costs. ha...