Carson Hyland
New Investor -- Tips Needed!!!
Hello,
I'm excited to be starting my real estate investing journey with my wife. We are in East Central Illinois. We are both in our mid 20's, so we were still pretty naive when it comes to a lot of this stuff. We...
Bobby Akines
Baltimore BOTE Gut Check
Hi BP Universe,
See an email I sent to my wife outlining a strategy for investing in Baltimore. Would appreciate any feedback on the info below!Goal is to invest in three properties in Baltimore in 2021
Target inves...
Fernando Lozada
Rentometer for Cashflow screening
Hello everyone! I'm looking for my first rental property, a condo in Chicago. I've been using Rentometer.com to quickly screen potential cash flow for MLS listings my agent sends me. Can you share your experiences wit...
Chris Marten
Need money for renovation cost, but not property.
I recently purchase a house with cash for $214K. ARV for the area is $380K. I am left with little cash to pay for the renovation cost. The house needs a lot of work to make it sell quickly and will need a loan for $...
Fran Arti
Buying all cash and then finance
Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
Mason De Vries
Inspection Report turn offs
Just wondering what are some of you total no go's after you receive the inspection report back on a turn key property you have an accepted offer for? There seems to usually be something that needs fixing or updating w...
Paris Wilson
HAS ANYONE EVER DONE A BURN OUT PROPERTY?? PROS & CONS
Good morning BP brothers and siters.. I am currently analyzing a burn out property for potential complete rehab. I have never done one before, but I have seen that the opportunity can be great and bad. Property is in...
Gabriel Ramos
Getting funding for a half built home (flip)
I'm looking at a property in Oakland that was a was a near new construction. I say near because several of the walls of the original building are still standing. The foundation is already in and most of the framing l...
Erica M.
Buying a foreclosure without inspection
Hi. We've been looking to invest in a SFH and making it a rental. We found a foreclosure at the 90k price point, which is good in our area (NY). To our surprise, the house looks pretty good inside. It's not too bad o...
Eric Kulling
203(k) loans. Good idea or Bad idea?
Hello everyone.I’m looking to buy a house (and live in it) in Discovery Bay, CA. I’m interested in FHA 203k, however one of my lenders said it can get very messy and potentially cost more time and money than if I do t...