Hi,My brother and I just started an LLC. We want to start either flipping small or investing in multifamily properties, but the 20-25% down concerns me. If the DSCR loan covers the 80% where to we get a loan for the o...
Hey BP!I have recently been making my first moves on my real estate career by selling my single family home I got a couple years ago and buying a 4 plex in McAllen TX. The 4 plex is in process right now for an FHA 203...
Hello BP, I am looking to purchase a 1-2 bedroom apartment or condo near the Houston Medical Center. This will be an AirBnB property catering primarily to those visiting the medical facilities.This will be my first r...
I’ve got a friend who’s seeking to cash out refi. This will be a traditional loan / Fannie Mae cash out refi... TIAA, Wells Fargo... no cash out refis as they claim “no liquidity” but I’m betting as rates are so low,...
Hi, my name is Jacqueline. I am a 13 year veteran of the NYPD. Back in 2006 at the height of the market I purchased a 5 unit house in Brooklyn. It went well for a few months until the sewer went and I had to dip into ...
I bought a new construction with the Renttoretirement (RTR) platform in Nov-Dec'23 and regretting it big time! The numbers forecasted by them come nowhere close to reality. I took out a mortgage at ~7% and now simply...
So I recently purchased a studio condo unit. The unit is quite small (327 sq/ft) but it's in a pretty hopping part of town being close to U and 14th St.I didn't pay too much down, meaning the mortgage payments make it...
Hey BP community. I'm new to BP and a newbie investor. I have a bit of book knowledge about Real Estate but not much real life knowledge. I own a tanning business which is great but I am looking to change business dir...
One of my market rate units has asked for a -15% monthly reduction. The press out there has been brutal about how much vacancy and drops in rent, which include a lot of new developments downtown that were super high a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $29,000
Cash invested: $14,000
Hi everyone, here's a little info on a nice, brick SFR that I picked up. It had been...