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Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
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I'm having trouble figuring out how I would manage a property using funds from a self directed IRA. If I use an IRA I have a transaction fee ($35) every time it writes a check. So $30 to mow the lawn becomes $65 expen...
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Hi BP Forum Members, I'm a first time home buyer. I found a loan officer I really like and he recommended a realtor. I haven't really had time to speak with the realtor but I was wondering what his responsibility is...
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What do you think about the following AP story from The Register-Guard, Eugene, Oregon, USA?
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Federal report says home-flipping drove the housing bubble
By Cristina Silva
The Associated Press
Publis...
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I just started buying off-market properties for BRRR for myself. I usually JV with my partner do flips, but he handles everything. I only contributed financially and gave some design ideas. That says I don't have much...
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If a Borrowers Promissory Note is used to fund their loan, then who would the creditor be?
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I was hoping to get some of your guys' opinion on a deal I am working on. I'm currently pursuing a small MHP with 12 spaces, 11 are occupied by tenant owned mobile homes. The cashflow is great and I would love to ad...
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For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
Is a new furnace return on investment worth the money when flipping a house? We are in the process of flipping a house that has an older forced air oil furnace (about 12 years old), which works well. Was consider...