My partner and I are currently building our fix and flip business plan and are hoping to get our first rehab in the next month or two. He will be responsible for the rehab and working with the contractors. I will be a...
Hello,I have been reading/hearing varying information regarding financing options for owner occupied 2-4 unit properties. I realize lenders can provide a multitude of programs from lender to lender, but I wanted to ha...
I am in central New Jersey.Need advice on below : -1) where to buy flooring from for flips? I am buying from homedepot or builddirect.com.Where are pros buying from .. need good looking (cherry)engineered wood within...
Hi All,
I just joined BP and would like to ask a question on my new rehabbing project.
I acquired a 1bed/1bath property in San Jose bay area for about $400k. It has about 800 sft in about 7000 sf lot. I am conside...
Hi,We're in the process of purchasing our second investment property in the Omaha area.Does anyone have property management recommendations? This specific property is in the Benson area.We've already been in contact ...
Weighing the options of buying turnkeys due to a full time job taking up the entirety of my work week. I’ve heard a lot of bad things about turnkeys, but there has to be some good to them.
Hi All,I'm doing the math on the benefits of investing 2K a month into paying my mortgage off early and it looks too good to be true so I'd really appreciate others thoughts on my math:$755K, 28 yrs remaining on a 30Y...
Hello BP followers,I'm currently looking to buy a multi family in mid HV area Pok, Wappingers and Hyde Park area and my issue is financing.All of my $$ is tie to my investment; I owned 3 sfr outright no mortgage and t...
I am really interested in the idea of purchasing a multi-family property, likely in the Chicago area. I have found many properties in the 250,000-500,000 price range. As a commercial loan, my guess is that I have to g...
So here is a bit of my story to help explain my thinking. I received my master's degree in May, 2014. Along with that came student loan debt...awesome! I have a good job, but student loan payments really take up a ...