Thomas Magill
Flip turned rental BRRRR
Investment Info:
Single-family residence buy & hold investment in Kings Mountain.
Purchase price: $69,000
Cash invested: $55,000
This project was originally purchased to flip, but after speakin...
Jimmy Hong
Help on a foreclosure
I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
Eli Saldana
New to real estate in Houston area
I’ve been looking into investing in real estate, primarily in flipping houses. I have good contact with contractors but need to learn more on financing my projects. Is anyone here already in the Houston area and can y...
Keith W.
Should we be paying points before closing
I’m coming to the place I can trust for answers. I was either approached or maybe I reached out to a private money lender for their terms which are 90% acquisition, 6% interest and 2 points. As a first time investor, ...
David Kramer
My First Long Distance Purchase
Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $131,500
Cash invested: $41,000
We found this house on the MLS and are able to rent it for $1325. I...
George Waters
Lease option to help seller delay change of ownership?
Hey All,I have an interesting deal underway over in PA. The deal is for 1 duplex & 1 triplex next door to each other with the properties currently fully occupied. I have locked in a sale price with the owner to pu...
Will Fraser
From Agent to Manager to Owner to Resident Manager
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $326,000
Cash invested: $11,410
A client came to me and offered me the penultimate opportunity: this quad. ...
Robert Griffin
How do you respond to people moving to your area and...
and they want the FULL tour and see X amount of properties in one weekend?
I use to get excited when getting this type of lead, but now I'm making them sign a 1 yr agency agreement before they get into my car.
I eve...
Andres Ayala
BRRRR BP Calculator with Hard Money Lender
I am struggling to input the Hard money lender portion into the BP calculator. I plan on having the HM loan for 3 months. I am getting confused with the following1.when putting down the down payment option for the pur...
Clint Seil
My first property investment at the age of 19
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Norfolk.
Purchase price: $46,000
Cash invested: $5,000
Duplex property, 3,600 annual cash flow after all expenses
...