Example... Which would you (you meaning real estate investors out there) prefer,1) 15 year loan @ X% that yields a $200 a month positive monthly income on a 4-plex, or2) 30 year loan @ X+% that yields a $900 a month p...
HI BP,I have been wholesaling/flipping SFR's for a couple years now full time. Typically I am using Direct mail and web leads to get my deals. We have recently obtained funding to do a larger Multi-family deal (10-...
My brother has been a part of organizing this deal for a little while now. His neighborhood is in Houston and the upkeep is really starting to get costly, so all the residents got together and decided to try and sell...
Any thoughts?
http://www.nytimes.com/2014/03/16/magazine/the-cold-hard-lessons-of-mobile-home-u.html?rref=magazine&module=Ribbon&version=context®ion=Header&action=click&contentCollectio...
Ok so my hubbie and I have just rented our 2nd house and we are looking for a new way to find our new temporary home that will be our next rental. We want to participate in the tax auction, where land owners have not...
I have just posted my first rental and am accepting applications. I would like help clarifying when it’s necessary to send an adverse action notice or not. If it pertains to something on a credit check this notice nee...
Hello BP,First off thank you for the help, this is a great forum to ask questions in. First I love the calculators that BP has for it's pro members they are great. However, I was wondering if anyone has a calculator f...
If a house goes into a trustee sale, and the auction date is 2 months out, do they have the right to sell privately or on the market before then, and cancel the sale? Or does the bank/lender control it at that point?...
Hello everyone, My name is Tim 31, was born and raised in Los Angeles, California. I joined BP for knowledge on investment properties and also the do's/don'ts. I have been actively looking for investment properties in...
We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...