Rodney Dixon
Education for future winners
I'm looking for some pre-knowledge on creating a winning seller 2nd offer in a no money down deal. That said here is an example figure:$100k purchase price.Seller willing to carry 40% ($40k)HML offers $70k(70% LTV)Pro...
Julian L.
In Los Angeles, currently am house hacking. What's my next step?
Hello BP team - I've been following and listening to BP for about 10 months. Since, I've successfully gotten out of the rental game, and purchased a beat up condo in Santa Monica, and rehabbed it. I'm now house hackin...
Anthony Jackson
Newbie looking to buy first deal what do u guys think?
I'm a newbie investor trying to see if this is a good deal. I found a 4 plex ...
It's 10k less then it's worth that's an instant 10k in equity. It also net $1,900 a month and it only expense will be the loan and a $4...
Eamonn McElroy
Hello World - New Member Intro
Hello All,Just saying hi as a new member introduction. I'm a tax CPA and have experience in equity (common stock) investing. I know, I know that's hearsay here but it is what it is...I recently moved to the Atlanta ...
Jacob Delano
Back Mortgage and new builds
I met a neighbor who id an older gentleman and has been renting out his 3 vs for 20 years. He is on a 1/2 acre and is interested in building another 3-5 bedroom apartment next to the existing unit. This is my first po...
Account Closed
LOOKING FOR HELP FOR STRUCTURING PARTNERSHIPS AND CONTRACTS
Hey All,
Im looking for some ideas on how to structure creative partnerships and contracts for some mid to longterm buy n holds.
The deals would generally involve 2-3 individuals putting in equal amount of equity...
Mike Wallace
I have assets and cash...but little income. Ideas?
I own 3 condos outright worth about $35k each.I have about $60k in equity in a 4plex.The house I live in is worth $350k and I owe $230k.700+ credit score. Ready to put down 25-35% on more multifamily property, but am ...
John Voychick
cash out refinance question
I have about 350k equity in my 700k home.I can get my hands on some 100k properties that I can rent out ~1,000/month.If I take out 300k in equity, I know that I will have between 2 and $3000/ monthMy current mortgage ...
James Kilburn
Build a rental?
I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about. Upon closing my single family construction my home had abo...
Michael Swan
What is your Return on Equity?
Hi all,Has anyone here ran a calculation of your return on equity? To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE. Right? It i...