Eric Schwake
Should I Invest in Performing Notes?
13 June 2018 | 8 replies
for fixed assets I have bought timber land in Oregon in my SIDRA and that worked great..
Gabe G.
former primary residence, sell or rent out?
12 June 2018 | 6 replies
I am wondering what forum members would do.The house will likely sell for around 155kI owe 55k on first, and 50k on secondMarket rent, is likely around 1250 a month.Roof was done recently, it will need a hvac sometime soon.But other than that its been a low maintenance house.My mortgage payments with taxes/insurance on a 15yr fix at 3.25 percent is 800 a month.I am 5 year into the mortgage, and pay down about 400 a month in principal each month.Thoughts?
Richard Loniewski
Excited to be a member of the BP familt
17 June 2018 | 5 replies
I am primarily interested in WHOLESALING and FIX AND FLIPS in the Central Jersey area.
Grant Merrill
What's the deal with Manufactured Homes?
12 June 2018 | 2 replies
Do manu houses work for long term buy and holds or better as a fix and flip?
Melissa Harris
Buying a multifamily with a FHA Loan
14 June 2018 | 18 replies
@Ian I LeinwandFrom a Private Money Portfolio lending aspect you would most likely have (2) options on a (2-4 unit). 1) Rehab/Fix and flip type loan if rehab/repairs are needed >$5k- Depending on experience and Credit, acquisition LTV would be between 85%-95%, estimated Interest Only rate 7.09%--9.99% w/ 1 point for 9 months. 2) Rental Loan (2-4 unit), Depending on Credit, Max 75% LTV (80-85% SFR), Estimated 5/1 ARM rate 7.125% Full AM. or 7.375% Interest Only w/1 point.
Sam Marcos
100% of Buy and Rehab lending. Does this exist?
19 June 2018 | 6 replies
Looking to do a first time fix and flip (done one already but it was a rental we owned for 10 years then renovated and sold).
Ellie Narie
Can you deduct depreciation if your S-corp manages your property?
13 June 2018 | 14 replies
So it won't be a "monthly" fixed rate, or even a daily fixed rate, it will be different every month.
Nathan Allan
Newbie from Provo, Utah
18 June 2018 | 7 replies
I plan to build up some capital mostly through fix and flips to the point where I can put 20% down on rental properties and even BRRRR some small multi-family properties down the road.
Madeline Jary
Pay off student loans or invest?
21 June 2018 | 7 replies
I'm in Philly and on a duplex/triplex and owner occupied building.. you can put down 5%, conventional mortgage, 30 year term, as long as the rentals pay a good amount of your PITI, you're fine(4) YES.. usually (but not always) buying a property that needs some rehab work will net you more money in the long run because of your forced appreciation in fixing the place up (read: sweat equity).
Savannah King
MLS Listings Wholesaling through real Estate Agent
21 June 2018 | 3 replies
So you'll need to know the market well, what fixed up homes sell for, and how to generally estimate repair costs to know if you can make a deal or not.