Hey everyone!
I wanted to get some advice about my investment property. So, in 2020, I bought my first house with only 5% down. I put in a lot of work and made some improvements while I lived there for a year, which ...
“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
Hello all. So these are the areas I'm interested in: Fishtown, Port Richmond, Bridesburg. I like these areas because of the low vacancies, gentrification, younger professionals moving in, and above average cap rat...
Here's a hypothetical scenario... :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so br...
I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
Hi, I have a prospective tenant who is a travel nurse on a 13 week assignment. The background check, credit check and eviction history came out fine.
But the candidate is refusing to provide a verification of income...
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
Hi BP Community - I have been researching real estate investments for the past year and so far have invested passively through Crowdfunding platforms (Realtyshares, Peerstreet, etc.). Most of the investments have been...
Hi I am looking at a deal listed for sale with a realtor. I wanted to ask if the owner would look at doing owner finance. What is the best way to approach the realtor? New to this site thanks Tom