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I have bought and flipped for quite sometime but now I want to change my strategy to purchasing and holding properties. Guess my first question is how is this possible. Most lenders now want 20 % percent down per purc...
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I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
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Hello My Fellow BP Members, So I have a friend, who is in desperate need of a place to live. He doesn't make enough to pay the rent on his own, but is moving in with his Grandma as well, who receives a Soc...
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Hi everyone!
When I’m underwriting a deal and there is a sale involved, there is no doubt that IRR is one of the best metrics to use and to give your potential investors. However, my model is to buy, refinance, and ...
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Hello. I’m looking into buying a 1/4 of a fourplex unit in Kelowna, BC. It’s a foreclosure in rough condition. It’s located in one of the roughest areas in town where tenants are usually on social assistance. Not that...
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Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...
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Bank of america recently forclosed on my property, without trying to give me any help. Now they are trying to help people but my property has already gone through the forclosure process. I wanna know what can I do to...
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Hi Friends,I’m looking to buy a SFH in the Los Angeles, CA area specifically in South Pasadena, Pasadena, or Monrovia area. This home will be used as a primary, but potentially converting into a rental investment in f...
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Hello,
I have about between $200,000-$300,000 in my bank account. I am renting now in Minnesota and have never bought a house before, but I am debating if I should I use most of the money to invest in stocks or buy a...
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Hello! I am a freshman in college majoring in real estate and I got inspired to pursue a career in real estate because of my mom, who was a successful realtor for a very long time. Unfortunately, the family business r...