I have purchased 2 houses in a market where the numbers look great on paper and I am wondering if I am missing something. Purchase price is averaging about $50k per single family house. Houses are about 16 sq. Ft, 3/1...
Hello BP community!I have not been very active on the forums, however I have been educating myself on this website while I finished college for the past two years! My fiancé and I finally feel like we are prepared to ...
So were looking to purchase our second rental property after we cash out refinance our first one but in our area there aren’t any deals that fall into the 2% rule. However, housing market and rental market is great he...
All,I have an opportunity to borrow 100K from my bank at 6.65% fixed for 60 months (this what I was approved from when I did the application not what the person at the bank said I could receive). Did the math and it ...
I’m sitting on a home I inherited thats worth $609k and I’m looking for an investment property in Montgomery, Alabama. If you were me, what would your first step be? Keep in mind my income right now is only 40k a year...
I have two identical, adjacent duplexes and am wanting to do a cash out refinance on one of them once I'm done with rehab. I don't know that there's enough equity in the other at the moment to be worthwhile. I'm consi...
Hello everyone. I am kind of stuck and need advice of what to do next. I own a number of vacation rentals in eastern TN. I decided to take advantage of the low interest rates and do a cash-out refinance loan on one...
Hey all,Trying to get a HELOC and can’t find a bank anywhere to accept a investment property. I still rent my self. I bought this duplex for 70k and is somewhere between 100k to 120k now. Any suggestions?
I’m getting ready to renovate my first BRRR property. It’s currently laid out kind of funky. It’s 1100 sq ft. It’s a 2 bedroom 1 bath, with the bathroom only accessible through one of the bedrooms.I think I can get...
Hello, This may be a long post lol. So I’ve been wholesaling for a while now, the good thing about that is that I have a gauge on real estate but now I’m looking to start investing.Here’s my situation. I have a full t...