So my cousin was telling he knows someone selling a house for $500.00. The home has fire damage so it has been gutted will need new wiring all throughout. A tree feel on the garage garage is still standing though. As ...

Howdy,I need some help. I purchased a 2 family in February of 2018. The purchase price was for 139K. We put some work into 1 of the apartments that we currently live in. We currently owe 133K. The house was purchased ...

I have an opportunity that looks promising upon initial calculations, but I want to make sure I'm not missing anything.  Another investor who currently owns a building is asking if I want to partner up on the deal.  T...

Does anyone have a proven formula for figuring net profit from a flip? I have been quoted 68% of ARV, minus rehab costs, for max purchase, but net profit seems over inflated and does not seem to include enough holding...

Hey BP,I am analyzing my first multifamily property currently although I do own a few single family properties currently. This property is a 6 unit (1 - 3bd, 2ba; 4 - 1bd, 1ba; 1 studio) and is adjacent to a local col...

I occupied a house for seven years, then moved and began renting it. I cash-out refinanced months before the move, as it had appreciated 60% since I bought it. Now that it's a rental, I can take depreciation, but usin...

I will be getting an multi family unit under contract in two weeks my first. What I'm understanding it's the same process as single family home wholesaling. I don't want to generate any income or hold the property I j...

What do you all think of the formula provided by Rich Dad for analyzing and valuing Residential Multi-Unit investment properties?Yearly Gross Rent x 7 (+ / - 10%) = Max Allowable OfferThe premise is that these propert...

Hello BP community, I’m looking for some tips and advice. I have been interested in using a strategy to purchase a new home and rent out my current home to get started in acquiring SFRs. Today, I stumbled upon a poten...

What factors of a property analysis let’s you know if you will still have a positive cash flow after doing a cash out refi on a BRRRR property? What do you look for? Does the 1% rule have anything to do with that?