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Hi All! I am a newbie investor looking to buy my first property in Austin, TX. Looking to do a househack with an FHA loan - hopefully live for free and cashflow once I move out. Realizing that in this market finding a...
I have a Absentee Owner list that I market to. I bought my original list about 2 years ago and every 6 months I re-run my list with the same criteria ( 18mth in the past or longer of last market sales date, 60%-100% e...
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Hello BP Fam,I am in a current stalemate with my next investment move, so I am looking for guidance! My primary residence has about $200K in equity and my monthly mortgage payment is $900 per month. Fortunately, I ca...
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Building cost went up significantly. Building an industrial warehouse was $100 psf few years ago. Now it is almost double. Any advice how to lower the cost? Manage the project myself? How to proceed? I have time and d...
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Has anybody done seller financing with a property that was a 1031 exchange? I'm looking at a triplex that the owner has had since 2003 and was part of a 1031 exchange. They tried selling last year but couldn't find an...
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Greetings all,
Newer investor here (own one duplex with good equity) moving toward buying a second multi-family, likely via 5% loan, cash-out refi, or HELOC. Trying to understand a few concepts here:
1. My current d...
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Last year, I made an off-market house purchase next door to me to start a BRRRR in an A quality tenant area. The seller/neighbor was interested in selling but staying as the tenant. We worked out a sale price and ren...
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Hey Everyone!I have been posting a bit too much but I need some help! I just bought a duplex with an unfinished basement and am thinking about adding a unit in the basement (if zoning permits me to). I cant imagine it...
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I plan on leaving the active duty Air Force in 4 and a half years when my enlistment is up. My goal by then is to have 20 units that average at least $300 in monthly cashflow so I can be a full-time investor. My credi...
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I'm looking to purchase my first rental property through Memphis Invest and I've been working with their mortgage lender to get pre-approved. I found out that I can't qualify for a conventional mortgage due to a fore...