Heather Hall
Needing Advice re: selling or renting out a 4200 sq ft home
Should I sell my home in Colorado Springs/ Broadmoor area or convert it into a rental?? First I will list the specs on the house and then I will list my questions. Thanks for your advice!A) Home specs * It is 4100 s...
Stephen Miller
SFH BRRRR with personal loan + CC financing
Hi everyone, I'm Stephen Miller and I'm a newer member to BP. I got my first BRRRR property two months ago (2nd rental first was LC). 4B/2BI chose to use my high credit score and use a personal loan and 0% interest cr...
Michael Junior
Under contract for a 1920 multi family
Hey I’m currently under contract for a 3 family built in 1921 and a 4 family built around the same time. Side by side buildings sharing a lot.Anyways my question is.. would you feel comfortable buying properties this ...
Nazz Wang
Seller doesn't want to provide schedule E for 8 unit building,
Hi BP community,
I am negotiating a purchase for a 8 unit building, 2 stores and 6 apartments, and the seller does not want to provide schedule E for 2 years for the building. They had agreed to provide all leases an...
Ethan Painter
Rehab Opportunity - Is This A Deal?
I am looking at HUD home for sale in my area to potentially purchase and flip. It is listed at $43,000. The owner/occupant bidding period ends tomorrow night and I would be able to bid as an investor then. I took a lo...
Robert Williams
Rental property had a fire.
First off, yes everyone is ok. One of the tenants does have some third degree burns but will be fine. No other injuries so we are thankful for that. That being said.I recieved a call from my tenant Saturday morning...
Scott Tumath
Rent to family member or ?
Here's my situation. I have a 3BR 2B single family rental built in 1976 with the same tenants for 11 years. The property is in need of upgrades ( windows, siding, concrete repairs). The interior is very dated and need...
Daniel Ventura
VA LOAN ON DUPLEX FORT WALTON BEACH AREA
Hi all,
I'm currently under contract on a duplex for 370k in the Fort Walton beach, FL area. I'm currently trying to use a VA loan to purchase the duplex and fix up one unit and house hack the other. The idea was bri...
Jordan Forbes
Questions about this deal I want to get under contract
If I wanted to get a house under contract it was listed at 110k needs 60k or more RC And fully updated would sell for maybe 170k low 200 how much would the profit be for the real estate investor and how much would be ...
Patrick M.
Business Account or "Business" Account with Bank
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...