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Hi BP Fam, I have a 5 unit BRRRR deal I'm looking into, would love your feedback on if this is a good deal or not. Background: 5 units all 2 bedrooms 1 bathroom units. 3 are occupied renting at $850. Two are vacant. A...
I've heard of some 3% down conventional loans. Does anyone have any experience with these? Obviously there is going to be some sort of mortgage insurance. Are the rates higher than fha's?
The reason I ask is because...
I am currently trying to sale my home. I was approached by a gentlemen about doing a 2-3 year lease instead of purchasing. Just need some feedback to see if this would be worth my while. I currently live in this ho...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $400,000
17 Unit Apartment Building
*11: 2 bed/1 bath
*6: 1 bed/ 1 bath
-Value Add ...
In March of 2016, I used my VA Loan to close on a 3bd/3ba townhouse in Tallahassee, FL for $59,247 at 3% interest. I only put $1000 down as an earnest deposit and paid $800 for 2 separate inspections. I did not have t...
Hi BP community,My husband and I found a property and are planning to buy it with cash. We just received the purchase agreement. Should we go over that with a lawyer? Please help! thanks in advance.Anna
I have a couple general contractors that I plan on calling, I only want to meet with one of them, so what questions should I be asking? What qualities should I be looking for? Are there any red flags that I should be ...
I am trying to get a larger loan amount from the bank for a property, but have been denied and counter-offered multiple times. I am located in the state of CaliforniaBesides Income from an Occupation, what additional ...
Hi, I have been interested in getting to real estate for a while. I believe I found a great opportunity to finally get my feet wet and secure my first investment property. I found a 4 unit Apartment at $170k. Currentl...