Good afternoon BP family,
I have an owner finance deal that I am pursuing and would like the best course of action. Here is the deal:
Property has an ARV of $250,000
Purchase Price is $190,000
Rehab: $5,000-8,000 ...
We recently purchased a three-unit rental property.We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years.Currently, the water heater and t...
I just finished meeting up with real estate investors in a workshop where they say they can teach me everything with a down payment of 20,000 . not happening. however, they brought up a way to kill debt faster and wan...
A while ago I would listen to real estate investing audio books while on long drives required by my profession. One book named " The ABCs of Real estate Investing",part of the Rich Dad series, was one of my favorite t...
Has anyone heard of this. There’s a website that shows u how to do it. Don’t know if I want to give out the secrets. But it’s from an ex banker who said the bank doesn’t make any money on a line of credit. So people c...
Hello BP Collective! I just looked into getting a HELOC on a primary residence that we just purchased in January. To my surprise we got approved. My initial goal is to pay off a family member that loaned us $50k to ...
Hey everyone !! Very excited to join the BP community. Finding a community like this is very exciting, and it’s not filled with BS where everyone just tells you what you want to hear, which I love. Constructive critic...
Momentum = (Mass)(Velocity)The mass of tasks I get done in any year is directly affected by how much velocity I have coming off of last year. I am hoping to add to this mass as we start this new year. Here's what I ac...
Hoping to pick your brains about the best course of action here.$135,000 remaining on Primary home @ 3.75%$165,000 remaining on Investment property @ 4.25%Both properties are in North Carolina. Investment property is...
I've scoured the forums looking for an answer to this, and it might be a "duh" moment but I figured I would ask anyways.A short backstory: My wife and I have just received a HELOC on our primary residence and are on o...