Hello, question for anyone who may have insight on the best strategy. Wife and I recently married. I started a LLC before we were married in preparation to start owning rental properties . It’s a sole proprietorship.W...
Hey BP,
I bought my first non-rental property; which the wife (future teacher) and I (current teacher) call home. It's a brand new condo in a brand new development next to a brand new elementary school. We ...
Hi BP!
I am starting my research of the Philadelphia area. I am interested in doing the BRRR strategy for small multi-family properties or single family homes. I am from NYC and not familiar with the area so would ap...
I've been watching this property for a while now. Over one year at least, maybe 18 months. The property is vacant, in disrepair, and just about perfect for me. The major problem was that the price was about twice a...
Hello, I’m a new investor and have been searching for an investing strategy that is fairly recession proof. One of my friends invests in Adult Family Homes. I like the idea of this niche seeing as how baby boomers wil...
Hi All. Very new to REI and to this forum and learning. I need to find a commercial lender in Louisiana and not sure exactly what to look for. Also really want to know if its even possible to get a long-term amorti...
I was wondering what everyone thinks a houseing bubble is.No wrong answer. My idea is that areas that the average home is $250,000 will feel the effects of interest rates going higher I don't think it will drop nearly...
Let's say I buy a home for 100k with a 20k down payment. A year later that same home is now worth 150k and I have since put 10k into the principle on the loan.Would I now have 80k in equity?If i refinanced, would i be...
I am looking at a single family home in a chicago suburb labeled as a Homepath REO on the MLS. I am interested in the property as a buy and hold, but all offers must be cash only or using a 203k loan. As I understan...
Greetings,I wanted to post the results of my first fix and hold. The property is a two family in Albany, NY. Each unit has three bedrooms and one bath. It was vacant foreclosure at the time of purchase. I used a HELOC...