Eric Lin
Can I get my deposit back? (Seller can't close)
Asking for a friend...A friend of mine is under contract to purchase a (new construction) property. The down payment is 40,000. They were scheduled to close August 31st, but the seller has been unable to get a permit ...
Brandon Smith
Finding a Safe Neighborhood
I’m looking to buy a multi family property in Springfield Massachusetts. I’d like to live in one of the units and rent out the others. I want to get a good deal, but my highest priority is my personal safety. My qu...
John Joseph
I need help understanding this report using the BRRRR calculator
Friends,I am looking to purchase my first property. Would you mind taking a few minutes of your time to help me understand the report I've linked below? Specifically I am trying to understand the following:1. In the s...
Ryan Moore
Lame financial statement?
I am under contract to purchase my first multi family rental property here in Phoenix. I asked for the financials and was given a statement for the 2015 year. Problem is that it only has July through October. And ju...
James G.
$25,000 Purchase Price Too Low For a Lender?
Hi BP. I found a property that is worth $55,000 for a purchase price of $25,000. I would rather not go to a bank, but most lenders (hard money for example) have a minimum purchase price of around $75,000.Is it possibl...
Thatcher Glode
Cash flowing within an hour of Denver
Hello All, I am looking at acquiring a buy and hold rental and hoping to find something that breaks even or cash flows within an hour of Denver so I can manage it myself. I realize this may not be easy. I am going to ...
Stephen Herbert
Smokey Mountain Financing
Hi BP friends - I'm working with a client that is looking to purchase several rental investment cabins in Seiverville, TN at the foot of the Smokey Mountains. The properties average around a $160,000 purchase price an...
Don Scott
Houston Market
I'm wanting to get opinions from other investors... I am looking to do at least 5 transactions this year. For the people that are inventing in he Houston market, what are you all seeing as far as out of pocket costs ...
Kevin Luttrell
First STR purchase (Smokies)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $435,000
Cash invested: $62,048
2/1 cabin in Sevierville close to Pigeon Forge and Gatlinburg. $62k total cash inve...
David Lewis
Business credit cards
I'm on the hunt for a couple of new business credit cards. Are there any that y'all recommend, or that have good perks? Thank you in advance!