My wife and I saved enough money to put a down payment on our first rental. We are currently remodeling it as of this writing. My question is this, So we saved money, bought our first rental but have no money to buy a...
So I believe there are going to be a lot of opportunities in coming months to purchase assets at hugely discounted prices so cash will be king. So my question is this, I have a number of rental houses that have sign...
Hey everyone, I’m 16, don’t have much money, and cant get qualified for a loan. However, I still have lots to learn about RE, and I was wondering if any of you had anything you wish you discovered at 16, whether it be...
Some questions for those with a few development projects under the belt and a good grasp of the "financial engineering".
Let's assume the following numbers for a multi-unit suburban residential project:
Newbuild sal...
Hi All:Lately, I have been assessing a lot of deals to acquire rental properties or take on a flip project/s.Almost 80% of these deals are pitched by wholesalers, most of whom are well-established local firms. However...
Is it possible to wrap closing costs into rental property mortgage?
Some loan estimates I've been getting requires an extra 5k plus taxes and escrow to have at closing.
25% down payment plus 8-10k additional to clo...
Current property investors in Maine, do you find that the 1% rule is a good indicator for our area considering the cost to heat and remove snow that is incurred during the winter months? I’ve started casually browsing...
I have a piece of land that i own with 50 small individual lots. The property is about 30 minutes from Harrisonburg VA, but definitely outside of the city a bit. The lots are zoned to accept singlewides. There is town...
We currently have a $125k Heloc with Pen Fed interest only payments at Prime + 1% secured by a 2-unit rental property. Initially we got the Heloc setup with the intention to do remote BRRRR or flips, however my wife n...
Hey BP!I want to utilize my VA loan benefit and am looking where to start and what the cons may be. I am looking to purchase a duplex in the Tucson area. I have been working super hard to rebuild my credit and therefo...