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Hey BP community, I have a single family home in a C neighborhood. It’s in somewhat rough shape but I listed it last week off market and have a few offers. I started at 15k cash and got an offer from another local inv...
Me and my wife are thinking of refinancing our rental property and pulling out the equity to buy more rental property. Would this be better than selling the property? We owe $80K but the property is work $150K. Any ad...
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There are a lot of negative headlines on the collapse of STRs. Especially the impact of vacationing if we head into a recession, as people have less discretionary income to spend on travel and travel-related expenses...
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I just finished "The E-Myth" and could relate to so many examples the book gave over this last year. My bookkeeping business helping real estate investors, agents, wholesalers, and contractors (shameless plug) is grow...
Using my VA Loan my preapproval goes as follows:
1-Unit: $484,350
2-Unit: $620,200
3-Unit: $749,650
4-Unit: $931,600
I live in Chicago, IL and I am tempted to buy a 4 unit in a great neighborhood (and live in ...
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A CMBS loan or Commercial Mortgage-Backed Security loan, also called a Conduit Loan, is a unique method of securing financing for stabilized revenue-generating investment properties. These loans are not as familiar t...
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Having a contract worked up for a short sale.The proposed value is $425K( if even accepted by bank) and the house is worth about $675 as it and with about $100k put into it roughly $850k.The problem is the house has (...
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I was wondering How much the average wholesaler spends on direct mail monthly? I heard alot about the yellow letter. I am about to do a mail drop.From what I read I am looking at yellow letters and bandit signs to fli...
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Hi!I have 6 months savings, I have never owned a home, and I have only about $14k in a HYSA (not including my IRA). My current career (RN), while a good job/salary for now, does not have a great projected salary incre...
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Hello.I have a scenario I would like to get some feedback on. I currently have no money to invest but I am a fast learner and the wife and I rented out her condo when we got married for a few years. I know some stuff ...