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SFR Purchase Price: $30kDown Payment + Closing costs: $6500Rehab: ~5kMonthly Mortgage: $200I assume insurance and property tax will run about $50 each per month.Vacancy: 50/monthRepairs: 50/month Total Expense: $400/m...
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I want to start Brrrr investing. I have the capital and the income, but I’ve never built any credit. I’m going to start, but can I do a loan to value with very little credit history to start? Also, are loan to value i...
Two years ago we bought a 2 unit property that also has garage that rents as an artist studio. After we bought it, we improved the property with cash investment and are now looking to pull cash out.We got a quote on ...
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I am looking into buying my first property in the Toronto area. I am very close to saving up all the required funds for the down payment, land transfer tax, etc..I was wondering how much cash would be recommended to h...
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Investment Info:
Single-family residence buy & hold investment in Leavenworth.
Purchase price: $96,000
Cash invested: $3,000
This historic, Leavenworth home has been updated with new flooring, pl...
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Just curious what were to happen if the owner whose taxes were sold at the auction filed for BK shortly thereafter.
Would that prevent tax lien holder proceed with foreclosing on the property after the redemption peri...
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Hello all,I recently purchased a my first multi which I am currently house hacking. I didn't go after the best deal since this is my first purchase and other factors go into it as well since I plan to live there myse...
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When I bought my property 9 months ago, I was only able to get 10 year portfolio ARM with a 3.625% interest rate. It's a 2-unit, and we're currently living in one of the units, with the plan to move out in a few year...
Hello BP. Hypothetical question here. I have some colleagues (non-REI which is why I'm coming to you guys) that have mentioned banks will only approve you for one home loan in your first year. Say if I was planning on...
Hi BP,
Just wanted to see if I could get an idea of how some of the cash buyers in the area are running their numbers. With the continued changes in the Central FL market, is it best practice to have deals that are 7...