Steven Westlake
If it cash flows, do comps matter?
I found a property, 1.75 acres, it has a log cabin based house built in 1848, and a 1993 mobile home. The 63 yo owner lives in the mobile. Her now deceased parents used to live in the log cabin house. The mobile is d...
Spencer St. Luke
Dayton Area (Deal Analysis, 4-plex)
Hello,I am reaching out to the bp community for some help analyzing a deal. This property is located in Dayton. 4 1bd/1ba rooms in a C class neighborhoodI want to get everyone's opinion on how good a deal this is. I...
Lesley Whitley
Do I need a new lender? BRRRR refinance only on purchase price?
Am I missing somethiing? I just completed a "mini BRRRR" ... my SFH needed more than just cosmetic and less than a total rehab. I paid cash up front. Spoke to my lender today about refinancing and she told me the l...
Jason Flint
Buy an investment property without paying higher interest rate?
I wanted to post this because I don't think a very high percentage of investors are aware of an option they have to get a much lower interest rate when they buy or refinance investment properties. (We have been invest...
Jordan Patten
Buying house to rent out for retirement
My wife and I have been looking into buying a new construction home with the idea of renting it out...paying down the mortgage with the rent and using the rental income or sell the home in 25-30 years as part of our r...
David Reo
How to raise seed money for a real estate business
I'm looking to raise money for my wholesaling business, and I would like guidance on how to go about this. I just finished reading "Raising Private Capital" by Matt Faircloth so I have a couple ideas. Right now I am l...
Keith Agnello
I have a motivated seller and Im frozen....
Hello everyone!I had a seller respond to an ad that needs to sell and needs to sell quick due to being out of a job and I need feedback on the best strategy to exit the property.She owes the following on the property:...
Kim Handelman
How do newbie wholesalers accurately assess rehab costs?
Hey guys,I have a lead on a property to wholesale (I'm brand new to wholesaling) I think I can get it at 70% of ARV but am worried that the work needed -- I don't know if it's ever been remodeled and has some water st...
N/A N/A
New player , New deal
THis would be my first deal.
I found a house for sale in an economic thriving neighborhood. Nice homes, no crime, its growing development wise, everything checks out. The house 3 Bed, 2 Baths. $160,000. So to my non-...
Luann Renteria
Airbnb 1st time rental wants $ back for slow water pressure
I we during the property next to us into an air BNB and rented it out for a month Two weeks after we posted the property. Wasn't expecting and in the middle of Michigan in the Winter and it has been a learning expe...