My question is this: Is there any reasonable way to recoup the %20 down payment my bank is requiring for an investment property I'm looking to purchase. I'm new to RE investing and looked through the forums and didn't...
As most of you know, one of the Fannie Mae requirements for financing properties 5 to 10 is that you need a credit score of at least 720.
The trouble I am running into, is that the more properties I purchase the lowe...
do you get a property under contract using a lease option agreement and then sell the option using seller financing? also if i need to rehab a property do you get a hml? how do you factor the cost in for a hml into yo...
Let me get y'all's opinion.Asking Price: $265kOur Offer (repairs needed): $230kTheir counter: $265kOur Next Offer: $245kThey declinedOur Final offer (matched a previous buyer who backed out): $257.5kSuper stubborn fol...
Hello BP members,My name is Vince and I am a rookie investor. My goal to purchase my first Rental Property by the end of next year (June 2022- the latest). After reading "How to Invest in Real Estate" by Brandon Turne...
People generally buy an investment property for one of two reasons. Either they are hoping for cash flow or banking on appreciation. I don’t have any delusions about knowing how to time the market so I decided to go f...
Greetings!
I've been somewhat on the hunt for SFR's and some multi-family's (mostly duplexes) to invest in as a first-time investor. Where are you all looking to find good deals (particularly for good cash flow)? I'v...
Hey guys, I got a few different questions and curiosities here, so I'm just going to lay them out and hope for as much insight as possible.
I have low capital right now, especially in my Connecticut market, this isn...
Hey BP, Looking for your best bits of wisdom...We have a triplex in Brantford, Ontario, Canada.We successfully evicted our tenants about 2 weeks ago. The reason for the eviction was because they were smoking cigarette...
This is my wife and I’s 1st time purchasing rental property. I’m in the Marine Corps stationed in Illinois, and my wife is a teacher. We’re looking for rental property in Wisconsin or Indiana. We’ve bought and sold a ...