After looking at several SFH, I have yet to find one to purchase for a rental that would be profitable in my area. As a result, I expanded my search to my hometown which is about an hour away and have found a 7 unit m...

Hello again! Another money question :)Thanks to the folks who answered my first question about funding repairs, but now that brings me to a different question: purchasing second, third etc properties.So say you have e...

Hi all! I am going to buy my 1st investment duplex in the next 4 months (BRRRR) and I'm tired of running myself in circles, but am not sure which route is smarter.I am highly considering buying a foreclosed property f...

Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...

I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...

So many people love rental properties and even though I like the monthly income I don't like being bothered with the overhead. When I think about after you pay the mortgage, insurance, taxes, plus maintenance you have...

I'm putting my first offer on an investment property ever. This is a duplex currently listed for $149,900. Took a look at one unit today and it appeared to be in great shape. The other was not available. Based on ...

Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"

If this is t...

           Good morning BP! This question has been a curiosity of mine since I've purchased my first property this past July!  I Used a conventional loan and went in with 20% down already.  My question is how do you g...