I bought my first rental property in October 2020 - an owner-occupied duplex. We spent the first 3 months (Oct-Dec) rehabbing the rental unit and started the lease on December 31st, 2020. I kept a log and all of my re...
Hello everyone. I currently have my eyes on my first duplex. New build in 2018. Owned by one of my Army buddies who moved back home and is looking to sell. I am willing to do a 20% down payment, but the pre-qualified ...
Hello BP community,I would kindly ask for your input on this issue.I recently spoke with a mortgage broker regarding purchasing a second home and renting out my current residence. He gave me rates based on different s...
Hi guys.My name is Devin, I'm 24, and from Houston, Texas. Real Estate has always been on my mind. I've always wanted to invest into property, but never knew where to start. BP has been an amazing resource in helping ...
...that came out of nowhere a day ago.One of my customers for my FT work who own several rentals and knows I'm getting into the business contacted me about an acquaintance of his. This guy bought a tract home in 2005...
What implications do homestead status have on tax lien purchases? Should I steer clear of these properties or are there any advantages to pursing theses properties? Everyone seems to have homestead exemptions in rural...
I’m have an amazing opportunity to acquire 12 SFR homes for 280,000. Right now in their condition, altogether they’re worth about 480,000. But if rehabbed, about 620,000. I have no plans to do renovations anytime soon...
Can you get an FHA loan if you plan on buying an apartment building if you also plan on living there? it has 6+ units I’ve seen a couple different ones that I was interested in 9+ units etc.
I purchased my first rental property last year and renovated it. I am $500 monthly positive cash flow with a mortgage of $600. I would like to refinance but Quicken Loans would not give me a refi. The property is wort...