I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
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Hello BP Community,Have a question about my personal home. We are building a new home and did a construction to perm loan. We signed the contract last April and were originally supposed to be in by last fall. Here ...
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If you use Cozy, what are your thoughts on it? How do you like it? Have you found any setbacks? OR if you use something else other than Cozy what do you like and not like about that platform. I am a new Landlord that ...
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hello BP friends ... been MIA for a while and looking to get back in the RE groove of things, hoping to seek some advice on an off-market deal that was presented to me. It's a 3 unit bldg in the hot area of Bernal Hei...
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Hello BP Community,I recently mailed out my first yellow letter batch to absentee owners, and I wanted to provide some info as to how things were going so far. I purchased a absentee owner list of 250 leads and used t...
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I just had a Texas Realtor send me purchase contract for an offer I want to make. I was surprised to see the usual inspection clause encumbered with the language that says the buyer needs to pay a non-refundable "op...
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Hey guys,
First post here, I’ve been loving the knowledge I’ve gained from reading the blogs and can’t get enough of the podcasts. I’ve been researching breaking into the STR market in the North Myrtle beach area. T...
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I first wanted to thank all the BP Members who had previous posts that were informational to me, with the added personal thank you to the following members:
Jon Holdman
Mitch Kronowit
David Beard
J Scott
Nick
Mike S...
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I get this feeling that when I look at properties on the internet there is no way to close on a good deal. Its seems tho as there is some sort of hidden deal making that goes on between when a Realtor is asked to sell...
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Hi All!
I've decided it is time to 1031 exchange/Reverse a property I've owned and rented out for a while. I have good equity in it and would like to get into commercial real estate instead of buying another residen...