I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Ok after feedback from all of you I have made a couple of decisions. I don't plan to buy any rental properties unless a real deal presents itself. I've also decided that I will not deal with section 8 or lower incom...
Hello BP,Hoping that someone on BP can give me some insight. I need to start shopping local banks/credit unions to secure financing for my (hopefully near future) rental property purchases. As part of the proposal, ...
I am very new at Real Estate investing and have some questions. First off I have 7k in savings and I found an REO property listed for 70k. My question is should I save 20% for down pmnt and get a conventional mortgage...
Hello! I just discovered BP and am excited to learn from like-minded people!I live in Virginia but I am hoping to invest in my first rental property, a vacation home around Disney World. I know there has been debate w...
I took out a $100,000 heloc on my primary residence (that I am STR house hacking to great success). I used the heloc to buy my second vacation rental, which is also cash flowing after 9 months in. I'm eager to recyc...
Hey everyone. Looking for a general understanding of how DSCR Loans work. I understand that ratio generally needs to be around 1.2, but what's the percentage of an average down payment on one I should expect to pay? H...
Hello, I'm wondering if anyone in Fresno, CA knows of a title company that will give me a list of all cash buyers in the area? When I obtain this list, what do I say? I assume I cannot just blast a deal their way with...