I have a lender that will loan me up to 70% of the ARV of a property. That 70% is only applicable to the Purchase price and rehab costs. My concern is that if i estimate the ARV over what the bank says it's worth I n...
Hey BP folks
I'm Nate and I live in Lubbock, TX. I'm a teacher/coach at one of the local high schools. I love working with kids and love my job. So, I'm not looking to get out and start a career in real estat...
I recently purchased a townhouse in my neighborhood as an investment property. My wife and I did several days worth of cleaning, painting and appliance replacement before we turned it over to our property management ...
I am looking to expand my portfolio into bigger multifamily properties out of my area. Right now all of my loans for 5+ units are with a local bank. They are around 4.5% interest, 5 year fixed with 25 year amortizat...
Which would you choose in my position?? I am looking at investing in my second rental. My rental now is great, as it’s my downstairs that has its own entrance, more than pays my mortgage plus gives me several tax ad...
Hi BP! I am a new investor and got my MA real estate license as a way to learn more about the industry. I originally thought I would pursue being a Boston area real estate agent full-time, but have decided it is not f...
If you’re a DIY person, because you like to save money, allow me to challenge you on that for a second….
Let's say you need your cabinets painted. You get a quote for someone to do it, and it comes out to $14/hr.
In...
Hi I'm looking for some advice on determining the value of a small 3/2 double wide MH that is set up in a MH park. If you have some experience with buying and selling, with cash down and monthly payments. I would appr...
I recently sold my duplex in northern New York and am transferring to Atlanta area, looking to invest in multifamily housing. I found a duplex, undervalued in the Appleton section of Stockbridge. With doing a quick l...
I have a property that is free and clear, with no liens. The estimated rehab budget is approximately $40,000. The most recent appraisal values the property at $55,000. I am struggling to find financing for this proper...