Looking to make meet fellow BP members in the Oklahoma area
Hello BP! In the past couple weeks I’ve spoken with over 30+ banks, not exaggerating, and I was unsuccessful in refinancing a manufactured home I bought & rehabbed a couple of months ago - asking many Nationwide B...
I am trying to determine if the purchase of this house is a good deal for tear down and new duplex construction numbers are 105k for house $225k for renovations. ARV $450k. Using private money about 17k cost and look...
Considering buying a duplex as primary residence. Cost is $220K. Putting 3.5% down for FHA.
Mortgage which includes PMI insurance, taxes, house insurance, principal, and interest is $1,570.
Rent for one unit is $900. ...
Somewhat new to the financial side of REI. On my second flip. Purchased cash for $54,000 on 12/16/13. Rehabbed about $20,000. Home is currently worth about $130,000. Renters moved in on June 1st. I need to get ...
House is 30K. Needs very little minor work to get it to renting condition. I feel I can get 525 a month for it. Should I go for it?
Expenses should be about 45%. But I budget for 50% just in case. If my calc's are co...
Hey guys!I recently purchased my first rental property, which is in Nashville, and I'm curious how long I should expect it to take before we find a renter? I hired a property management company and it's been about 24...
I have an oppurtunity to invest in a property on the outskirts of Cincinnati. Im just looking for some feedback on whether it seems like a good deal or not. We walked the house yesterday, and it has current tenants ...
What do you guys think about these numbers?
Do it?
Walk away?
I’m ready to buy my first rental property, but I would like some advise from people who have actually done it. I’m afraid that I will make a mistake due to lack of experience. I am wanting to use the BRRR method.I c...