All Forum Posts by: Brandon L.

@Russell Brazil where are you getting your information on basement rentals in Virginia? I have seen you mention it before in other threads.

@Lou LaMedica if you feel this is a good investment for you and your specific set of criteria and circumstances then jump on it. There will always be someone on these forums who will pick something apart for one reason or the next.

No one knows your situation better than you.

@Rena Nuneza if you are renting now, it's never a bad decision to purchase a home. 

@Toney Osborne the search feature allows you to find answers to commonly asked questions such as  "What is the first step you take to wholesale or assign a home?"

@Toney Osborne the first thing is getting familiar with the search feature on BP

@Chase Gibson in Virginia it is required that the buyer provide a copy of the inspection report. It is not going to hurt you if you share it. 

Also, keep in mind some inspectors may make small situations seem more serious than they actually are.

too bad the link doesn't work :)

@Jason Grimm my own 2 cents is that if a hard money lender will not touch it, the deal may not be as good as you think it is. 

@Zachary Ferris welcome to BP, and congratulations on making the decision to invest in real estate. Do you plan on relying on being a real estate agent and flips for income when you get out? or will you have a job?

@Logan Beckner keep in mind that even if you buy a regular single family home for yourself it is still an investment in your future. You will get tax benefits, you will collect equity over time, and you will learn the basics of a real estate transaction during the purchase.

Don't drown in the BP kool aid and think that you HAVE to househack, or HAVE to have a duplex or fourplex with no money down, and 50% of the market rate for it to be an investment.