How do investors make rentals profitable in big cities where real estate costs so much more and can not follow the 1% rule? I'm in West Seattle specifically put am in my early 20's and still open to traveling the US. ...
MCurrently I have a house under contract.. was curious what the going rates are? Navy Fed has 3.75% with no origination fee and no points... my current lender has the same but at 4.25% and covers lending costs (about ...
Hello BP!I've started posting all of my previous flips, now that I feel like I've completed enough to actually have some good original content. I hope that by sharing we can all learn, network and discuss this interes...
Hey BiggerPockets! What an awesome community you've built up here. Newbie at real estate investing, but I'm hoping to close on my first rental property soon. In search of some advice. I recently went under contract fo...
I got lucky with a SFH and got it much cheaper than appraised value in Aug 2020 for $1.8M. Our plan is to demolish the house, build a new there, live in it for 2 years and then sell it and get the $500k tax exemption....
Conservative ARV: $29,488
Rent: $500
Repair Cost For Rent Ready: $6,000
Negotiated to $12.5k "lowest they will accept"
Would consider terms at $5k down (asked for 0 down but stated $5k was minimum they ...
With record low interest rates and the new FHA mandate by Obama to lower mortgage insurance premiums, does anyone plan do a streamline refinance? I'm looking in to it and waiting to hear how it will affect monthly mor...
Hey BP'ers! Any flippers/rehabbers here have experience with an online project management tool? If so, which one did you use and why or why didn't you like it? I'm looking for one for my team. Right now we are using E...
I've heard some investors say they wont touch a rental property that doesn't have central a/c? No to window units.Just curious to get some other opinions and why yes or no?
Hi,I'm trying to decide if I need to change my strategy with a SFR I own in SJ clear & free. The market value is $675K and the rent is $2400 (below market but includes a recent increase). My NOI as a % of equity i...