I've read a few blogs regarding using credit cards to fix and flip properties. I have two main concerns and I was hoping could give me some advice: 1. Credit score: How does a cash advance impact your credit score? Le...
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Can someone explain to me the pros and cons of trying to rehab HUDs for resales or rentals as opposed to the traditional means of searching for distressed sellers to get you a discount?
These are listed and open to m...
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Hello All,
1st post here! My wife and I are young real estate investors from Long Island NY. Aside from our Long Beach Co-op, it’s nearly impossible to scale here because we’ve been priced out of this market and wi...
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Hi all! First-time investor here looking for any and all advice. I want to lay out my current situation + goals. I apologize in advance for any overshares, but my hope is to be hyper-transparent to get some advice spe...
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I have a property that I am looking at, it is a converted house now zoned commercial. Property has been updated, has 11 parking spots, covered patio and storage building. Was listed at 239,900 and was just reduced t...
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Hey BP family,I have a couple of properties currently for sale as lease option and have a few serious tenant buyers with a down payment that are looking for homes with criteria outside of my current inventory. Does an...
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Hi,I'm brainstorming trying to see if I could pass the water/sewer responsibility to the tenants. I have a triplex in Raleigh and currently paying water/sewer for all 3 units from the master meter. I'm trying to see i...
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Should I utilize an FHA loan on my first home purchase or use a conventional loan? I would be purchasing with the intent to rent it out after a year of living as the contract will require. Is an FHA a good investment ...
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
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If someone put a gun to your head and said, you need to make 20 Million Dollars in Real Estate within 5 Years what Real Estate Niche would you pursue?You're starting with access to 500k in capital. GO! :)