Patrick Felt
Possibly My First Deal! (NEED ADVICE)
Hey guys, i have this deal that might possibly be my first. 28 days till auction date est. debt of prop 150k est. ARV: 280 est. 25k repairs. what is the best way to execute this deal in the amount of time i have, and ...
Marty L.
HELOC WITH EXISTING LOAN MODIFICATION, POSSIBLE?
Hello BP, I have a bit of a situation and I feel kinda stuck. Hoping you guys can bring some clarity with your knowledge and experience. Here it goes! I got my Home loan modification back in 2008 -during the mortgage ...
Douglas Curtiss
Is 12% ROI possible without leverage
I am interested in purchasing a small multifamily in a retirement account. Because it's a retirement account, I can't use leverage without bumping into complex tax issues (UBTI / UDFI) that i would prefer to avoid. ...
Komi Kafui Aziagba
Buyers/Sellers: abandoned international properties possible ?
Rent Rehab Re-rent on yearly basis and repeatadvisable but pitfalls exist?
Eben Rohling
Meeting With Seller - Possible First Deal
I came across a duplex for sale in my area today that is not on the MLS. I decided to call the seller and it turns out that he also has a 4-plex and 16 unit building that he is planning on selling. After hearing the n...
Tim Woodbridge
Possible upcoming recession and real estate
Hey all-Newbie investor here, reading and learning everything I can. I've been paying attention to the financial market and recently there was a Bond Yield Inversion (which historically predicts a recession in the ne...
Account Closed
Home Possible - July 2019 Rule Change
Anyone else notice a new bulletin on the Freddie Mac website?Seems like they are removing the no limit income areas. Said differently, if you want to qualify for Home Possible you can only qualify by being below the m...
Maryann L.
Deal wasn't possible without BP members!
I JUST closed on the longest short sale we've ever had. It took just over 12 months with two different law firms trying to clear title but WAHOOOOO finally closed and resold an hour later for a nice little chunk of c...
Chris A
Possible to Seller Finance Down Pmt?
BACKGROUND:
I currently own 3 rental properties of which 1 is larger apartment building
Approx $500k net worth
Each property is approx 80 loan to value
Excellent credit score (750)
Very little cash available
Am very c...
Account Closed
Working up Details on Possible investement
When I'm looking into a property for investment (a rental), what are the factors I'm evaluating?
I know that I need to know purchase price, gross monthly income, I'll determing expenses per 50% rule, my loan payments...