Hello BP,I am a beginning investor in the Bay Area. I recently got pre-approved for a mortgage and teared up a little when I found out what I could "afford." Upon realizing that my house hack plans may be delayed, I ...
Hello! I am a new investor and was approached by 2 family members letting me know that they were interested in selling their properties. One of the sellers has a tenant in the property already, making it the first pri...
I have spent the past couple months reading about real estate investing and can't wait to get started. However, we have been debating how we should obtain our first rental property. My wife and I planning on moving to...
A mortgage client of mine asked me this:"Please ask your network this question for me as I lean into r.e. investing:1.If you could do it all over again, knowing what you know now, what kind of investment property woul...
Hey BP!
I don’t how how rare this situation is but I need some input.
Looking to purchase a 4 unit and the units rent very well. $1100-1200/month.
Problem is that the appraisal came in way less than offer and sell...
What info do you ask from a selling broker. I'm mainly interested in the rent roll. Is there something else you ask for? A P&L would be great, but I'm not sure if that is generally considered appropriate to ask fo...
Background. 29. Single no kids. 80k annually. Currently have a mortgage. Good credit. California Bay Area. I do not have any real estate specific skills, but I work in finance so I'm reasonably comfortable with numbe...
Hi BP. I️ was wondering what everyone’s opinion was in regards to buying and holding mobile homes as an investment. I️ currently have one that I️ bought for $5,000, put $4,000 of work into it ($9,000 all in) and it re...
My Dad has a 2 acre property that he wants me to buy from him for $25,000 so he can complete the current construction and put up a small shop. Then he wants to live their for the rest of his days; pay the payments an...
Thank you all in advance for the information. If there is an article, already that answers my questions, please feel free to point me in the direction.
I am exploring the option of selling houses on contract. I am wo...