Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...
1.0 IntroductionI really enjoy reading other investors' diaries of their stories. I always learn a thing or two from what they did right and what they did wrong. It is also what led to my first diary on BP - I want to...
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
I am a newbie to this forum and eager to learn real estate investment. I am wondering if any experienced investors can share your input about our case.
We bought a split level single house in Vienna, VA at $439K seve...
I've been reading for a while and am fascinated at how some people have the cash on hand to buy:-Properties out right with cash-Multiple properties with 20% down paymentYes I understand there's many ways to finance bu...
I am an amateur when it comes to real estate investing. However, in 2012 I made a homerun deal that if managed properly it can get me to my new realized dream of becoming an actual investor. Here's the deal:I bought a...
Hi all! I bought my first owner occupied property in April to get a feel of home ownership. Now, I think its time to step it up a notch. We have saved a good chunk of dollars since buying our first home and for our ne...
I am working with an owner who wants to sell the house she and her deceased husband owned in Texas. Problem is her husband had 3 kids before they got married and they aren't letting her sell. There is an existing no...
Hi everyone. I'm planning to buy rental properties in Baltimore, MD and nearby areas. And I really concern about the refinancing, because my capital is limited. I have a few questions:1) How soon can I refinance after...
I’m thinking about bidding on a property at a state tax auction. It’s a solid investment, Northern Michigan cottage with lake frontage. It will be a great STR for all four seasons or a quick flip depending on how high...