Jonathan Rivera
House Flipping in New Jersey?
Hey guys, I’m located in NJ & I wanted some feedback regarding to flipping properties in this state as an investor.I come to the conclusion that NJ is terrible to be a landlord in, especially with the process to e...
Alex Wasilchuk
First time under contract! Where to set up LLC?
Hello BP community,I'm currently under contract for my first rental property in the state of Alabama and I live in NY.I have a question I would appreciate guidance on.When establishing an LLC, should that be done in t...
Brian Kempler
Seller financing a warzone property
Numbers look easy to hit (high interest loan compares favorable against market rate even going above it).Trouble I see is non-payment risk. In a fast foreclosure state would you guys consider flipping a warzone proper...
Owen Thornton
How do you estimate repair costs?
Hi. I was curious how you go about estimating repair costs.
I have gotten pretty good at analyzing deals themselves and figuring out what purchase price/LTV will help optimize returns... but in such videos as Brandon...
Owen Burton
Purchase requires assumption of current debt. Next Steps?
I received a listing from a broker that requires the buyer to assume the property's existing loan. If I determine a revised value that's ~$1M less than the listed principal amount (after adjusting vacancy etc. to 10% ...
Account Closed
Questions about getting paid referrals from investors + my background
I am a recent graduate from Texas A&M university and a few months prior, I was considering getting into Wholesaling.I learned that with Wholesaling, there were so many pitfalls concerning wholesaling, legalities t...
Manny Rana
Propety Tax - Taxable Value
Hi Everyone,A few months back, I closed on a 2-unit in West Village and this week I got the notice from the Board of Assessors in regards to the new taxable value on the property. I was expecting an increase, but I w...
Andrew Varney
How to make a deal like this work?
Hey BP,I've come across a seller with a portfolio of cashflowing properties. He has seven separate properties (each a duplex or triplex) priced between $250 - $280K. Four of the seven would have solid cashflow and are...
Rich Somers
Is it common for seller to not provide tax returns for property?
My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Rick Roach
Rent or Own while investing?
I am currently renting and considering buying a primary residence. If I buy my personal liabilities go up and so does my DTI. Do underwriters favor someone who is renting when loaning on investment properties? In othe...