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Results (10000)
Carlos Martinez Insurance concern on new property
10 September 2024 | 3 replies

Hi everyone,
I purchased a property recently on SI, NY. There has been such a journey with renovations and the person repairing the property, but hey!,  nobody said it would be easy... Anyway, after appraisal we were...

Account Closed Most apartment markets are near the peak -- buyer beware
4 April 2016 | 60 replies

I'm just posting this as a warning for newbies.  Obviously, no one can predict the future and no one knows what's going to happen next year, the year after, etc.  But most apartment markets are at or near the peak in ...

Shane Zilinskas Purchase then refinance to DCRS to pull out down?
7 January 2022 | 21 replies

My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...

Account Closed 80/15/5 (95% Cltv) loan programs are back!
18 September 2019 | 58 replies

Example:  400,000 purchase price 80% ltv 1st mtg.=  $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons

Sarah Albert Are we in danger of over leveraging?
15 May 2018 | 17 replies

My fiancé and I are currently in negotiations on a triplex and the inspection revealed some unexpected repairs. With the cost of repairs and the down payment, I’m wondering if we are in danger of over leveraging ourse...

Damon Aniton House hacking for the long term
27 December 2022 | 7 replies

I am looking at pulling the trigger on my first home purchase this week.  Possibly as early as tomorrow.  Just waiting on confirmation of a few more things.  The details are as follows.4 unit 8 bed 5 bath total new co...

Brittany Rodriguez Start investing or take advantage of first time home buyer loan?
5 August 2020 | 7 replies

Hi BP community! I'm torn between 2 options for getting started in real estate and am looking for some extra feedback to help make an informed decision.I am ready to start investing, so I reached out to my credit unio...

Scott Passman Now is NOT the Time to Accelerate Debt Repayment
11 August 2020 | 7 replies

There are few times in our history where there’s been more uncertainty about what things will look like in the short-medium term future. There have been a lot of posts on BP espousing opinions and predictions about w...

Micah Roy Best Way To Obtain Cash For Rental Repairs
18 November 2022 | 14 replies

The time has come for some exterior repairs on my rental property. We have owned the property since 2006. Lived in it for 8 years and have rented it out for the last 7. Interior is up to par with the market minus some...

Nathan Anderson 1st Lease to Own Contract
1 April 2016 | 17 replies

I have a property that we are selling as a FSBO we have had a ton of interest in the property, but our two most solid prospects are interested in Rent to Own. After discussing with my business partner I broke down the...