Michael Heisterkamp
Offer accepted on my first deal.
Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
Dorian Wood
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...
Johnson Liv
4br Rental with large family tenants
I have a 4bdrm SFR rental thats an hour from my residence so I gave my contact info to the local neighbors if anything arises. I just got a text from that neighbor noting that some additional people have moved in and ...
John McConnell
Sub forums for international locations?
i love the fact that there are sub forums and the ability to subscribe to local markets! I am wondering if we can also go one step further and sub divide the international forum into countries and then possibly major ...
Kelly M.
Cash Out Refi Question
Hi Everyone! I’m finally almost done renovations on my three unit property and I have leases on all units. I want to do a cash out refi. My lender says they can do up to 70% LTV. I was just wondering how common 75% ...
Dave Neeley
base board heater vs furnace heat
I have a property that I have gutted and will be updating electrical and wanted to know if I should go with the cheaper option of baseboard heat or stay with a gas furnace. The property is not in the most desirable lo...
Mike Komenda
Advice sought on Cash-out refi
Hey all, I just started on the BP forums here and have already learned a wealth of info but as always, every situation is unique, therefore i'm reaching out for advice.
My situation is as follows:
1.Mortgaging my pri...
Joe Pitrolo
Deal Analysis small Park
4 lots .5 acres with 1 vacany for 40k. Homes are in great shape. Lot rent is only $125 mo. could easily be raised to $150. Alot of room in the back to put possible 3 to 4 more homes. I would want to add 3 or 4 homes ...
Frank Apap
Some Getting Started Questions
Hi all,
I'm planning on going in with 2 partners on a property that we plan on buying and renting, with the general plan on continuing to buy/rent or buy/flip some additional properties. We originally planned to get...
Greg P.
PoF for a PoF ? Please advise
Hi there. I've been making offers on REO's with POF's and most of all the Agents come back saying that they need a bank statement or proof that the POF provider has the funds to purchase the property. Anyone heard o...