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Hi, So I’m in the process of buying a home that will be my primary residence but during the week when I’m gone, I’d like to rent it out as a short term rental. It’s a new community and they’re marketing as “perfect fo...
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I'm in talks to purchase a bi-level home where the kitchen is located on the lower level of the home - so partially below grade. I realize there is a large geographic component to my situation, but has anyone had s...
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Hello BP Nation!I've been interested in RE for a very long time. I was in the mortgage industry from 2000-2005. I was lucky to get out when I did! I started reading blogs/websites/emails (lots of emails once you si...
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How do I wholesale a hotel? NEED ANSWERSSSS
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I am building business credit and I got a phone call from a rep from D&B telling me that I need to pay $499 to finish my profile with them..I already have a D&B #, so why do I have to pay to complete a profile...
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Hello,
My wife and I are buying a single family home. The listing of the home listed the property to be 2009 sq ft. However, the appraiser listed the property as 1100 sq ft. I understand I need to research...
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so what does the wholesaler do with a seller tds? Or nhd? Or megans law or security disclosures? Supplemental tax bill? Have the new buyer review & sign all those too?? Its not just the purchase agmt & an ass...
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Okay BP, I first searched around for my question before asking but could not find any good clear answers to these questions:1) Are we supposed to use cap rates ONLY with commercial properties? Or can cap rates be us...
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In the BRRRR podcast, episode 327, David Greene made a comment (1:08:30ish) suggesting his single-family homes tend to add equity for him and his multi-family homes contribute more cashflow. He suggested the two asset...
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ARV - $40,000
My Maximum Allowable Offer (MAO) - $21,500
Montly Rent $550
Operating Expenses $275
20% down on private financing of MAO purchase price = $4300
Monthly Private Financing Payment 8% interest = $12...