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4br/3ba - 2,300 SQFT -- Class A neighborhoodHome value is 640-670k
Original loan was $485,805 at 2.875% interest w/ FHA Loan
Current Loan balance $476,323.69
Current payment $3,078.76 includes PMI
Renting 3 rooms ...
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So far on doors 1-5 its been mostly cosmetic rehabs (paint, light fixtures, appliances, sinks, counters, cabinets, flooring) without significant structural changes. Decided to do a single family to triplex conversion ...
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All,I'm rehabbing a house that has a 100 year old slate roof. I'm trying to max my ARV at Refi. Which appraises higher: old slate w/ some repairs, or brand new shingle roof?Thanks!Davis
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Hi allI have five doors in the Cleveland area that I bought in early 2019. I am wondering if anyone is still finding deals that will cash flow. Three doors are in a D neighborhood and two are in B-C neighborhoods. ...
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Good Morning BP,I've put an offer on a house that has a concrete slab that is severely cracked. From the naked eye it looks like it should all be demo'd and redone. From the wallet it needs a better less costly soluti...
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what do you guys thing about using turbo tax instead of a cpa a a small time landlord?
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So I’ve read Rental Property Investing, Beginners Guide to Real Estate investing, found out what I need to do to get pre-approved, but what can I do next? I’m listening podcasts and about to start reading The Milliona...
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Hi there, BP. First time poster. I've spent my entire life in education and the arts. I need a change. I'm a single mom whose last kid is now in college and it's time for me to do me. I need to recover from the financ...
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Hello from Dallas, TX yall! i just closed my first deal (house hack) and i'm currently putting a little sweat equity into this 1970s house. I've been learning a ton so far, and i'm loving it! So, Started tearing up th...
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Whats the most significant drop in rent you've ever seen when the market changes? What benchmark above break even do you typically use to give yourself a buffer on your buy and hold SFH or small multi family deals? (I...