I'm getting hung up on part of the BRRRR strategy, can somebody explain it to me like I'm a small child?
Example: I buy a 40k house, put 8k down and spend 15k on rehab. Now it appraises at 80k. The bank lets me r...
Hi everyone. Here are what I believe to be the most important qualities of an exceptional realtor for your first house hack. 1. Running NumbersAt a bare minimum, it's important find a realtor that generally understand...
I was just wondering if it is possible to make an offer contingent on finding an investor ("partner") for a property. Say I have an off market seller and I propose to buy the house at x dollars only if I can find a pa...
What are you all opinion on using hard money to do a flip?
In a motivating mood today. What's holding you from taking your first or next step?
Hi, I have a lot of owners in my area that are interested in selling their property, but as you can imagine, the potential hit of taxes tends to deter them from pulling the trigger. I have begun to consider the idea o...
Hello all,A colleague mentioned purchasing raw land with the intention of getting plans for commercial buildings. He would get the architectural plans drawn up and get permits from the city and then sell the land with...
Hey BP,I was wondering if anyone could tell me if this idea is realistic, or just hopes and dreams. To finance my first property, would it be possible to get a loan for the down payment, and finance the rest through e...
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
Hey I was wondering how can you get money for costs associated with closing on a house hacks if your initial contacts such as friends and family aren't interested in giving you money so you can get started in investing.