Hello BP,Wondering if anyone else has had this issue before and how did you solve it.

Hi Everyone,I was wondering if I could get some feedback on pursuing cash transactions for purchasing investment property.

Short of getting my own real estate license, I'm wondering if there are any paid subscription websites or anything like this that are worth paying so I can search on my own time.Thank you all for any insight! 

Very simple and straight forward.

I started looking around using the MLS, but know choosing the right area (and ignoring even certain streets in an area) is paramount to making a good decision and need to start working with people familiar with that area that can work with.While I do have money saved up, I am also wondering how feasible it is to get traditional lending and then going through a private lender to finance the rest or at least reduce the 20% down amount to not down the money into the house – oh, and so that it cash flows?

Originally posted by Account Closed:Think of it this way,You could buy a home for 2.2 mil todayOr wait for a downturn to reduce the price by lets say a modest 10% of 2.2 mil That's 220,000 in savingsDivided by your "wasted" 4,000 a month in rent55 months.You could keep renting for 55 months or 4.6 years waiting for a downturn and break even if prices fall 10% I would keep renting.Except it's not that straightforward for the bay area market coz it could be 3mil before you get that 10% reduction. 

Here's what I put in:Income (given in the property description): $1895Expenses:Taxes: $245Insurance: $55Lawn/Snow: $50Vacancy $100Repairs: $200CapEx: $100Mortgage: $750Total: $1500That gives a cash flow of $395/month or $4740 annually.Cash on Cash ROI:Down Payment: $4800 (given what I have now in the bank I could use to invest)Closing Costs: $3000 (just went with what BP had in the video)Rehab budget: $1000 (it looks like there's tenants already living in part of it it so I'm wondering how much could even be done right away, if much at all)Total: $8,800Divide it out and you get the ROI I stated above.

I am in California and we are mostly on municipal sewage, so I was wondering if there were any issues/things to look out for when investing in Hawaii. 

Hi all,Wondering what is an appropriate way to handle tenants during construction.

You know the drill.Anyways, wondering if anyone has had success with having lenders waive certain fees or reduce them, and how they went about doing that.