Andy Wayne
Mortgage Balance Question
Hello All,
What are the thoughts on paying off a mortgage prior to buying my next rental property? I could have a rental ($35k owed) and my home ($103k owed) paid off in the next three years. Does this make sense to ...
Brian B.
25% Higher Interest Versus 20% and Lower Interest
Hi All,I am about to pull the trigger on my first 20 unit property. The expenses + T&I equate to 40% of the monthly total rent. My CoC return would be 9.2% which I think seems decent in today's world. Here's the q...
Nick Manning
Banks in Buffalo, NY that are Real Estate Investor Friendly
I am interested in opening a new savings account with a bank in the Buffalo, NY area (14223 specifically). I would like this to be a bank where I can develop relationships and build a great reputation so that, in the ...
Lawrence Barnes
New investor looking for guidance
Hello BP Family, I am looking to begin investing in pre-foreclosure and short sale investment deals in Tampa Bay, FLI am seeking a mentor that can help me navigate the waters. I am a licensed realtor so this should gi...
Reid Knight
Looking for Next Deal in Charlotte! Wholesale and Foreclosures
I believe this question is valuable for anyone looking for a RE deal in Charlotte, NC!My name is Reid, and I took "the leap" this year by purchasing my first RE investment. I found a good deal in a great area, which h...
Corey Collins
Financing Options: Business line of credit, conventional, etc.
Hi Everyone,I have a question regarding a financing option that I may have. Currently, I have a business that has been in operation for over 3 years with a good history of revenue/profit. I've had a business credit ca...
Vasant R.
Hello BP. Suggestions on areas to find rentals?
Hello BP. I just wanted to say hi. I'm a new member and new to REI in general. I've been on here quite a bit reading and trying to learn about different aspects of REI. I'm currently looking for a SFR in DFW as a buy ...
Leonardo Severino
Teaching a Class in Private Equity Real Estate
Hi Guys,I was invited to be a guest lecturer for a Master of Finance program to teach about private equity real estate. I only have about 10 hours with the students, so I wanted to hear your thoughts on what you think...
John McKee
Trouble with financing the mom and pops
I spoke to 3 lenders that want 40-50% down range on a mom and pop bakery. Yes they are new, but have a 10 year lease with personal guarantee. It's a class A location. That's too much to put down as it takes away th...
Frank Avallone II
First Buy & Hold Property of Mine from 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $429,000
Cash invested: $10,000
First buy and Hold Property I ever did!
What made you interested in...