i've had a really difficult time grasping why condos are a bad option for buy-and-hold investments. that's the feeling i've been getting from the forums - and even the Rental Calculator; it doesn't have an option for ...
Hello, I need some help figuring out how to put a deal together.Here are the details:Home Value - $325,000Selling Price - $285,000Owner has an existing first mortgage of $190,000 that needs to be cleared. He is willin...
Hi everyone!We own a single family house in Northern Virginia. We rent out our basement (legally) and after saving up cash, we've opened an LLC, gotten prequalified (we can put up to 20 or 25% down on a house up to $5...
Hello All, I am just trying to make understanding of a property one of my realtor friends made aware to me prior to it hitting the market for sale. I have a couple who started to build a home on a property, but midway...
Hello All,
I wanted to introduce myself to the BP community. I am 46 years old and living in South Jersey. I have enjoyed what most would consider a very successful career working in the pharmaceutical industry, whe...
This is going to sound like a silly question, but I don't really understand why the people who can afford to rent a Class A SFH rent instead of buying. I suspect that I am confused because I've never known anyone who...
Hey all.I recently drove from Boston to Houston. On the way, I listened to an insane amount of the BP podcasts. That led me to this forum, and thus, this introduction.A couple of years ago, I went to buy a condo that ...
From my other post I know I am going to be told that I should leverage. And while I am not taking that completely off the table, for our first investment property I think my wife would be a lot more comfortable in not...
Hello a unique situation with timing of trying to get pre-approved for a loan and looking for a solution to this problem. I am looking to buy my first property (single family that can easily be converted into a duplex...
I'm 25 and currently living in Pennsylvania. I dove into educating myself on REI about 6 months ago and set a goal for myself to buy my first property by the end of 2021. Unfortunately, (or maybe fortunately) I am lea...