Thomas Gentry
Financing options - DSCR
Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...
Jeff Gattens
Taking over my parents house in NC
My parents own a home in NC and I have been talking to them about buying the house from them for 2 reasons. 1. When they do eventually pass or if they ever need to move to an assisted living facility it's one less thi...
Matthew Bellino
Wholesaling in Connecticut
I am new to wholesaling in Connecticut, could anyone give me some advice to start? Near the end of the deal when I have a buyer, how should I go about making sure the money is properly distributed legally? I was also ...
John Leavelle
Recourse verses Non-Recourse Loans in Creative Financing
Hello BP community,Not sure if this is the right forum.While looking for all my creative finance options I came across the terms Recourse Loans and Non-Recourse Loans.My understanding is Recourse requires collateral (...
Ismail Sogbaike
Best strategy to obtain capital for future property investments
Hey real quick to break down my situation- I’m 17 with a job and not too much capital but i have some side hustles that are about to begin. My original plan was to first buy a duplex to start out but this was way back...
Adrian Chapman
Brand new. Property Rental LLC? Financing? Partners? Lots of Questions
Hi everyone. Really glad I found this site. I am NEW to the game and haven't quite taken the dive yet, but want to make the plunge soon. I have ready several books, been through the buying process along with friends a...
Joshua Shockley
Newb from Greenville South Carolina
Great forum! Looking to learn more about deal analysis as well as anything else that makes sense. For example, I don't understand this "wholesale" concept with regards to RE investing.
Thanks!
Taylor Baker
Buying Land Through Delinquent Taxes
Hello everyone, I am new to the real state game. I listened to bigger podcast real-estate episode 39 on buying land through delinquent taxes. I am very interested in buying land for my family and I think this would b...
Glenn Irwin
Parents will be giving me two single family homes. What to do?
I am getting ready to move to Oklahoma and my parents who are separated will each be giving me their single-family homes. I want to start building a multi-family portfolio. The homes are worth roughly 500k together an...
Tom Albares
Need some inspection negation advice
We are closing on a 3 bedroom 2 bath condo here in
Tucson. Had to pay full price for a turnkey fully furnished unit - $159,000, but it is rental ready.
We had the inspection completed on Thursday and have to turn...