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I already own 2 properties (one locally, one vacation rental) - and my vacation rental is doing rather well. I was able to buy back when I could for 5% down and am still breaking even if not making a profit. My neig...
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As I work with more investors and rehabbers, I am noticing that their estimated repairs vary by great amounts. I thought the challenge would be to predict the resale value, but it seems that repair costs are the bigge...
I am relatively new to the rental industry. Currently have one property here in Canada but I’m looking into the US because it’s hard to find a deal here in Canada that makes sense. I’m wondering if anyone has any expe...
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Does anyone know if you have to live in a property you get a 203k loan for or if you can use that loan for a flip
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Hi BP!I've been a member of the site a little while now, and I've been networking, reading forums, listening to podcasts, reading books and sitting on webinars in an effort to learn as much as I can before I pull the ...
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Hello,My daughter is relocating to Chicago middle of next year. She hasn't settled on where to live yet. She may live in an apartment first before deciding. I'm suggesting she consider a small multi family. She w...
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Hello BP!
This is my very first post, and I couldn't be more excited! I've spent the last 2 weeks or so perusing the site and listening to the podcast on my daily commute to and from the naval base and the am...
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Hello,
A family member is preparing to sell her home, and we are trying to decide what would be beneficial for us in purchasing her home, and something equitable for them as well.
Here is some of the info:
-Want...
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About a year ago I bought my first four family with an owner occupied loan. I would like to buy another four family soon with a fixed rate 30 year loan, but was informed I could only buy up to a three with an owner o...
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BP Fam,I was feeling ambitious looking for leads in random places and came across a 15-unit multi-family. I decided to cold call it with a handy dandy downloaded wholesale leadsheet from BP. After attempting to go thr...