I'm in discussions to buy a second home/investment property in Vermont. My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is...
Hi BP community, I appreciate any and all suggestions!Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value. As of today, the house rents for $3,400 per month and my PITI ...
I found a house that is coming up for auction. The house is worth in the $450k range. When I look at the records, the only mortgage is for $87,000. The info on the filed mortgage matches the legal so its the first mor...
I have been trying to do some research about the FHA loan, it may require a lot of paperwork and research to make sure you don't get screwed over by the Mortgage lender and other parties. However, anyone here in Mass ...
Hello all my PA genius investors!
Need some advice. I purchased a property at Luzerne County PA upset sale and I know I'm responsible for liens/mortgages ect.
My question is this.. there is a PA commonwealth lien...
I'm curious to know how you would value this property. It's a well known and popular brewpub/restaurant/rec area with waterfront access to one of Milwaukee's rivers. It appeared to be very successful until it closed w...
Hi everyone,
I need your feedback on this property I've found. please bear in mind that:
a. I'm a new investor looking for my first deal.
b. I'm not that familiar with Newark and I need some locat...
We started with one buy and hold in 2019. Slow start but hoping to gain momentum. Reading and watching BP podcasts to learn. Any recommendations for starting strong would be appreciated.
Hello Everyone,
I don’t know if it’s only me, or rest of you feel the same way during this pandemic. Seems like government’s main concerns are related to tenants and businesses that have employees, whereas; landlord...
Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors sti...