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I've been research and strongly considering investing in a STR in a major market with significant tourist attraction like Miami/South Beach. I've gone through the data on AirDNA, MashVisor, etc. and the data points t...
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Hey BP Community!I'd love your opinion on the following question: Should my first investment be a BRRRR or transforming my 1,000 sqft detached garage / workshop into a short term rental unit?A bit of background. I've ...
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Hi all, in Ontario Canada, can you share what your experience has been like with commercial loans on multi-family small buildings (8-12 units for example) with 80% LTV?Is it somewhat similar to residential or higher r...
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Hello all, I am currently getting ready to get into my first deal on a single family house. I am purchasing it contract for deed from the current owner and will be using it as a rental. The owner has chosen an interes...
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Hi All,
I have had my real estate license for years but have not had it active with a managing broker. I used to work for a commercial brokerage (HFF before the buyout), so I was required to have my license. After HF...
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Hello all,
I am fairly new to the real estate investing world but I have been at it for about three months trying to get deals to work out with on-market leads. However, it's been pretty difficult winning a bidding w...
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Hi everyone, if I need cash for an investment project, which is preferred way to get it: selling a current property to get the cash, or keep the property, rent it out, and do a cash-out refinance? A few conditions are...
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Hi everyone,I have one STR up and running and it’s going better than expected. I want to purchase my next one (and soon after my third and more)I can afford the next one but after that my debt to income will be maxed ...
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What are lender requirements for loc's to fix and flip for investors? How long self emp? Credit scores? What banks are good?
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Hello new to the forum not sure if this an appropriate question here but here goes. I'm a home owner of 5 years, my house was 120k when I purchased it on a fha loan. I owe roughly 107,000 and the interest rate is 4.5%...