Hi - I am looking into my first property and was hoping to share the numbers and get some feedback in case I am overseeing something. Also, please feel free to give general opinions as far as what I should be on a loo...
Hello all, I am looking for a lender in northern Indiana that can finance a triplex using a residential loan. Preferably a 3% down conventional loan or 3.5% fha loan. I've called about 10 local banks in my area but al...
Hey folks, I need your help. Based on my calculator, I think this could be a great deal for a BRRRR. But I can't seem to make the numbers pencil with the BP calculator. It would still be a great flip, but the BRRRR nu...
Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)
First Year Analysis
Let me clarify: my mortgage broker/lender is also an investor in the MFH niche and is doing well for himself. We were talking about the expenses to owning a rental property and he said not to worry about calculating p...
I bought a list and have been filling out postcards to send out almost 1000 absentee owners. I know every wholesaler has a website but should I have a one before sending my FIRST mail campaign? If so how should I go a...
Hello all,I noticed a house on Zillow that had been through the auction process and was foreclosed on by the Bank Earlier this year. It went through a Hubzu.com auction and was sold. This sale was almost two months ag...
Hello,I have just gone under contract for a 16 unit property in Texas. I was wondering if there is someone on here, or if there is a service provided by BP, that I could have double check my numbers. This seems a like...
So my best friend is a licensed broker here in Missouri and utilizes her license to run a property management company. She has this as the brokerage and registered with the state real estate commission. She's now look...
The point of a 1031 exchange is to defer tax payment on a property until future sale. That being said, what does this mean for refinancing-cash out in the future? Can you still do this?In other words, if you refinan...