Investment Info:
Single-family residence fix & flip investment.
Purchase price: $232,000
Cash invested: $200,000
Sale price: $575,000
I purchased this single-family property and undertook ext...
Hi everyone! Florida investor here. Im about to purchase property #2 and will use equity from #1 for down payment. I was planning on doing a HELOC until someone mentioned a second mortgage. My understanding is it woul...
Hey there everyone,I'm currently getting preapproved for a $100k, fix-n-flip using conventional financing (first one - yay!) and I was curious what you all thought would be the best option for financing would be and i...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $375,000
Cash invested: $87,000
STR
What made you interested in investing in this type of deal?
Avery ...
Can someone share with me their experiences pertaining to balloon loans/terms? This is a new term to me and while I did some research on the subject, I would like some feedback on the pros and cons based off of perso...
Hello everyone! I’m excited to get started on my real estate journey. I’ve done a couple of fix and flips but I’m looking to build a rental portfolio. I’m looking in the DFW market initially and I’m definitely open t...
I have a rental property with a screened in porch, I've replaced one of the screens 3 times already in the last year. The same screen keeps breaking (I've had it checked by a screen company and they state that all wor...
I currently have a 15 year mortgage on a rental home I bought 8/1/16. My rate was 3.25% I have a renter in the home and I just break even every month. When I bought the home I was not interested in cash flow, just p...
I'll start off by saying I'm a newbie. I love BP!My wife and I are looking to fund our first deal. We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...
I have been talking and getting advice from many people and all I hear is I should figure out exactly what I want to get into...well right now I don't want to buy rental properties !! even though I do want to buy rent...