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Hey BP Community, I wanted to take the time and outline the strategy for my REI here in the forums and hear feedback from the community to see how I can improve my ideas. Some quick background on me - I'm 24 years old...
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I have been given the opportunity to purchase a SFH in Florida. The owner is willing to finance the property at 5% on a 20 year note with zero down. They are selling the home for $550k. ARV is $625k (although the m...
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Hello BP,I am putting in bold the "gist"I am in the process or preparing my house to be sold so I can move into something a bit smaller (i.e. investor friendly) and buy 2 more properties this year...I'll elaborate:I u...
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I currently have 10,000 dollars equity in my Truck. My Credit union is willing to loan me 10,000 @ 1.9 %. Can I use this for the 20 percent down payment for a real estate investment loan on a deal I'm looking to buy....
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Just wanting to know how the SC market , especially around Greenville is doing?
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I am 19 year old that lives in Ontario-CA, right now. Right now, I am renting an apartment and paying way too much. I am looking to move into something of my own in July. Down payment is no problem - I can do 30-50...
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Hello, I am new to RE investing and have been trying to educate myself into pursuing my first fix and flip. I am currently looking at a REO property listed at $239,900. It will need some cosmetic rehab estimated at $2...
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One of my rentals has considerable equity built up. I've heard of people using their equity to fund rehabs and acquisitions. I only know these basics:The Home Equity line of credit is a revolving account, like a credi...
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Hi everyone , I'm New to the house flipping business. I'm looking for advice/opinions, I'm about to have a attorney setup a LLC for me, I know you can due it yourself cheaper but I heard you don't receive the same pr...
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Hey all, I currently reside in Central CA the market here is tough for rental properties. I am currently House Hacking, so my roommates are covering my mortgage and then some, it took almost a full year to find my pro...