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The 7% interest rate I'm seeing, even with a 30% down payment, credit score 810, is really gobbling up cash flow. The most frequent advice I get is to bite the bullet and refi when rate goes down. But will it go below...
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I'm looking for anyone who has experience with this sort of setup.I have a group of 8 investors (friends/family) that are want to pool money to invest in real estate. I would be one of the investors as well as handle...
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I'm considering house hacking a two-family home with DSCR loan, live in one unit and rent out the other. I have limited knowledge of DSCR loans but I know this isn't what they are meant for. However, the mortgage brok...
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I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
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A successful rental property is all about finding the right tenants. Once you find tenants that truly enjoy your rental property you can expect the lease to go as smooth as possible. To find the right tenant you nee...
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Hey All,
I am currently managing a 4-plex for a friend which he just recently bought and inherited tenants. Being fed by a single meter, The previous owner had been charging flat rent and then having them Venmo her ...
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Hello Pros! We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them we...
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I'm about to close on my first investment property (a rent-by-room house hack in San Antonio) and I couldn't be more excited!
Rent-by-room landlords, how do y'all handle utilities? Flat fee? Build it into rent? Or ch...
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BACKGROUND: I WANT TO PURCHASE A SECOND INVESTMENT HOME, I CURRENTLY DONT LIVE IN MY HOUSE I RENT IT OUT COMPLETELY (3UNITS), IVE BUILT UP ENOUGH EQUITY AND I WOULD LIKE TO USE IT.QUESTIONS: DO I APPLY FOR A HELOC FIR...
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Hello all,
I was so excited to join BP, I skipped the step where I introduce myself went straight to asking questions. So I'm backtracking and wanted to introduce myself. I am from the Central Valley area of ...