Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
I recently had a real estate agent bring me a deal on a duplex that is
off market. 2 bed 2 bath brand new hvac, blown in insulation, new
windows, new siding. One side interior not completed other is ready to
go....
My and my husband's goal was to be able to retire on our passive income by age 30. We just hit our goal, both of us at age 27! We are so excited and can't believe how our hard work paid off, and even more quickly than...
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Would love any input on the best way to pull cash out of a property after paying cash. We like the ability to move quickly by paying cash but are concerned about having our money tied up.
I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've tho...
With a lot of changes in our personal life, I have had to re-visit all of our investments. There is no doubt that well purchased and well managed rental properties, whether a SFR, a small multi-family, a large multi-...
For starters I have a HELOC through my credit union for 130,000Bought a triplex with a partner paid my down payment of 55,000 in February 2020Bought a Single family house in kansas cash and paid 34,000 and needs 22,00...
Hi folks, I have a seller who is interested in selling an apartment complex worth somewhere between $10-$15M. Loan is assumable but I don't see a viable way for me to qualify on my own. It does not allow subordinate f...