Hi all,I'm trying to wrap my head around what to do with my current primary mortgage. My wife and I have decided to pay down some debt while real estate prices around us continue to skyrocket and good deals remain so...
I currently own a rental property. The amount I owe is more than the house is now worth. The income rent is less than the mortgage payment. The house is over 120 years old. And the current tenents have trashed the hou...
Hello BP,I am looking to get started in real estate, but I am a but unsure how to start. I have been watching bigger pockets on youtube and listening to the real estate rookie podcast. I have a general idea for how to...
Hello BP community
I'm in the process of buying a duplex in Florida for $350K with 25% down. Lender quoted 3.62% with 2 points for investment conventional loan (non owner occupied).
I Just got a loan estimate which ...
I am currently looking for a house to start my real estate investing portfolio, and was planning on using the brrrr method. I've got pre approved for a loan and have extra cash saved up. The problem I'm running into i...
Investment Info:
Single-family residence fix & flip investment in Lamar.
Purchase price: $55,000
Cash invested: $250
Sale price: $78,000
My first house, and first flip.
What made you...
Hi all! This is my first time posting here, and I am “getting my ducks in a row.”
I am married to a contractor and I am pretty good at design and also throwing shingles and swingin a hammer lol, so I would like to ...
Exit Cap Rate – Most people are already familiar with this but it is super important. The sponsor derives their sale price with an exit cap rate (NOI / Exit Cap Rate = Sale Price). Many deals can look very ...
Hi All,
I am a new investor who just purchased my first 2-family home with my Fiancé. We close in July and will be living in one of the two units for the next year or two. Unfortunately, I just found out abou...
What does paying points on a money borrowed from hard money lender means? For example, if you borrow $100,000 from a hard money lender at 16% and it takes you 6 months from start to finish to pay it back, your interes...