Pedro Paz
Flip or hold? In a massive limbo
We bought a property in the DC area initially as a flip. But through the process, we met a local property manager who analyzed our property and gave us numbers in income. So we decided to go that route as a short term...
Ross Stegall
Active / Passive Partnership Contract
Hi all,
I’m looking at investing with a partner and I had a few questions I was hoping the BP community could help me answer. So, here’s the details:
My partner will be the passive/ equity investor and will be contr...
Dena Zeman
First time Investor Looking in Ohio
Hi all, I am a first-time investor, and I am looking in the Ohio area for SFR and or multi-unit properties that are approx. $150k or less that are not in need of major fixing. Small repairs are fine. Also, propertie...
Kristopher Kyzar
Second Rental Sold
Investment Info:
Townhouse buy & hold investment in Portsmouth.
Purchase price: $60,000
Cash invested: $12,000
Sale price: $94,500
2 Bed, 1 Bath townhouse purchased as a rental. After 2 ye...
Alex Molina
Need help calculating final buying costs based on HUD
I have a question, I'm closing on a flip next month and need help with my final buying costs based on my HUD. I've done the calculations, but my numbers don't add up. --------------------------------------------------...
Thomas B.
SFH to Tri-plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $99,000
Cash invested: $130,000
1947 SFH 2/1, previous owner converted the single car garage into 1/1 apar...
AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
Jeff Rabinowitz
Suing For Injunctions Against Rental Inspection Ordinances
Members of several Michigan REIA Groups and Facebook Groups have expressed interest in funding efforts to sue target cities to obtain injunctions against the enforcement of what may be unconstitutional rental ins...
Rahim Kapadia
How a Hotdog Stand Friendship Led to a Winning Real Estate Deal
Investment Info:
Retail commercial investment investment.
Purchase price: $125,000
Cash invested: $125,000
A while back, I found myself with an intriguing opportunity: a property priced at $125,000 t...
Ahmed Moustafa
Seeking Advice on PMI Removal for Fannie Mae HomeStyle Renovation Loan
Hi BP community!I recently completed a major renovation on my property financed through a Fannie Mae HomeStyle Renovation loan, and I'm now looking into options for removing Private Mortgage Insurance (PMI). I’d love ...