Hello BP Community,What was your strategy for the first rental property you purchased? I plan on purchasing my first out-of-state rental investment by the end of the year in Houston, TX. I would firmly say my criteria...
Right now I don't have much income or perfect credit but I do have cash. If I want to pick up a rental property would a good option for me be to pay cash rent it out and then refinance to get my money back?
Guys, I am not experienced in note selling, so I am going to throw this out there, and ask for ideas and suggestions. I have a 1,800,000.00 note on a 144 space mobile home park that I sold about 5 years ago. Financed...
Hi folks - I have a peculiar situation. I live in a sub-division, but I am the only actual homeowner. The rest of the people are lot owners and live in other parts of Virginia. We have only 2 covenants. One is that $1...
We are trying to purchase an owner occupied fourplex, priced at just over a million. One of the local lenders we have spoken with told us that they still require 20 percent down even if the fourplex will be our primar...
Newbie here trying to learn how to calculate numbers. I just picked a property on Redfin for practice called the insurance company to get a quote and asked around for water and sewer prices. However, my expenses based...
Hi Guys,This is my first post. I have been listening to a ton of the bigger pockets podcast over the last 8 months or so as wel as browsing the forums. I am currently house hacking and live in California. I am looking...
My brother and I are wanting to get into flipping houses. We want to go in together on a deal, but we hear an LLC is a good idea. After hours of research, I am lost. We both have different amount of capital, and diffe...
I need help understanding how to refi a multifamily if its needs no work its been updated and great cash flow. The properties are around $600k to $1.2 million. If it was a BRRRR then I get it however if I have to pu...
It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for pro...