The psychology of wanting to own an investment property outright is probably blurring my thinking regarding looking at this situation purely from a cash flow/leveraging equity perspective. Yes, I want my equity to wo...
Quick and easy, hopefully.mortgage is 2700, rent was 3100. I raised rent to be 3250. Do I need to set aside 5% of the mortgage for CAPEX, Maintenance, Management, Vacancy or should I increase what I set aside based of...
Hi! I am relatively new to this and want to implement the BRRRR Strategy to build a portfolio of rental properties here in Grand Rapids, MI. I realize that GR is a very HOT market right now and I am afraid that I will...
Hello all,I have a potential deal up in the White mountains of NH. It would be my first wholetail deal, actually first deal of any kind real estate related. its in an area (white mountains of NH) that has a market tha...
Hi all,
We are currently shopping around for the lowest interest rate to purchase our first primary residence, multi-family in MA. We are currently looking at Everett, Reverse, Malden, and Melrose. My husband is acti...
Hi y'all!I have a quick question on an issue that came up when reaching out to local banks/credit unions when discussing their ReFi options.I've contacted 8 local banks and credit unions and the issue is that they wil...
Under contract on duplex in a great neighborhood. Purchase price is $276,000. Rent per unit would be $1200-1400 per month, likely on the higher end of that. I got my monthly payment yesterday, and now am having second...
I am working with a turnkey provider and found a single family house (3 bed 2 bath) in Hueytown with numbers that makes sense. The house is bit dated; it appears to me that the turnkey provider bought at 100K, made m...
I have a property I purchased outright and I am going to resell(without making repairs), and it is held in my LLC. Does any BP member here have some input as to the best type of policy to get, and any Insurance provi...
I am looking at buying a property in the Jupiter or Palm Beach Gardens area. I have a preapproval for a doctors loan of 400k with 0% down and an APR of 4.569% no PMI. Currently I'm paying 2000 a month in rent in a bad...