If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
Just curious how many of you choose to finance through commercial loans on small properties (i'm thinking 4plex) that a conventional loan can finance. I talked to a commercial banker recently and he told me everyone c...
Hi, my name is Sam McMillan and I would like to start investing in the real estate market soon. I have a nice-sized deposit and would like to make my first investment with as much confidence as possible. I am thinking...
I have a house that Im considering either selling or renting and wanted to know what anyone thought on here.Bought the house for $105,000 and still owe $91,000Values have gone up in the area and it is now worth $170,0...
I was curious what is better, buying property from a realtor, or buying a FSBO home. Do i have to pay realtors a big commission when i buy a property? Is it "dangerous" buying a property from someone directly?
I have a question (I will be using fake numbers), say I bought a property at 100,000 and put some rehabbing work in. I only had 10% (10,000) at closing so I needed a 80/10/10 loan, loan value = 100,000-10,000=90k
So ...
Many of you will hate these numbers (rent), but here in Northern Virginia they seem pretty decent. I'm closing Wednesday on a 2/2 condo. Recent comps are 215K. My price is 154K. It is fairly new (less than 10yrs o...
I bought my first investment rental property in Sacramento last year. Class B neighborhood, 25% down and currently $150/month cash flow positive (not account any repairs since we did pretty much all repairs when we bo...
I'm looking at a small apartment complex where based on my numbers the cap rate could be around 25% and the COC over 70%. Rents are around $450. It's also mostly renovated, just needs 10k - 12k left according to the s...
From reading BP articles and listening to BP podcasts, I’ve learned that hard money costs will be dependent on the project, not the individual’s income or credit score. Therefore, you won’t know how many points or wha...