
18 May 2024 | 12 replies
I have over two years of 1099s, a very high credit score, and enough capital to put down a 20% down payment on properties around $250k-$300k.

17 May 2024 | 3 replies
Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

17 May 2024 | 6 replies
I'm not sure if I am going to start local (since the market is so high here) or if I am going to go OOS.

15 May 2024 | 5 replies
I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.

15 May 2024 | 8 replies
Typically, lower quality tenants are harder on units.

17 May 2024 | 11 replies
Rent ready, non value add, mls purchases in San Diego are large negative cash flow if financed at current rate with a high LTV loan.

16 May 2024 | 158 replies
If you prefer to listen to the lessons in one file, a single audio file with all of the lessons is included.

18 May 2024 | 6 replies
You can forget any large bank like Wells boA or large regional s I highly doubt with your scenario they will provide any credit to you.then you have the Brokers who are responding.. they set you up with a direct HML that does vertical Rates 10 to 15% and points 3 to 6.. of which the brokers take 2 to 4 points for setting these up for you.

17 May 2024 | 17 replies
I highly recommend checking and verifying IDs.

17 May 2024 | 20 replies
People said prices were out of control and way too high in 2014-2016 (you can find many threads on BP about it).