What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
I just got a deal for 3 beds 2 bath rental property for $247,500. The estimate rental is about $1,550-1,700.My interest rate is 6.375%. My lender want me to buy down 1% with $1,800 Which make my interest 5.375%.I aske...
Hello, my name Leul Wolde, I'm 19 and I'm thinking about investing in real estate in the famous stack method. I want to know what are some of the pro and cons that come with investing into a condo.
I have been listening to the podcast, watching webinars and reading articles for a few months now and finally decided to sign in to the BP app. I was hoping to try out the calculator for a 4 plex I’m interested in buy...
Hi All,Just getting my feet wet in the foreclosure Auction business and had a question. I have done a trial membership on property radar and found it to be helpful, but I was wondering how reliable people think their...
Say you have $60k leftover every year to invest in rentals. Assuming 25% down, that's a couple homes valued at $120k a piece that one could invest in. I'm sure most banks would allow you to have 2 homes financed; howe...
BP'ers!So I'm trying to find an "investor friendly" title company. So I started calling title companies and the first one said that it's "frowned upon to make any money at all off of a housing transaction unless you a...
Hey guys, I need some direction... I currently live in a big 2000 sqft townhouse centrally located to everything. I bought last year for $123k with a $255 monthly due. They're currently selling now for $160k. My house...
I am looking to purchase my first buy and hold investment property. Is it a bad idea to take out a heloc on my personal residence to fund the down payment and closing cost?
Hello, I am a new member to this website and real estate in General. I'm located in Orange county CA, and looking to buy a rental property somewhere out of state. I have about 20k I could invest and wondering if I sho...