Joel Oh
After 1 year of STR journey
Today is my exact 1 year of STR journey and I finally hit the $75,000 mark for 2023! It was a long journey but I learned so much. I invested around $75,000 so I made over 100% cash on cash return.Next year's goal is $...
Kristi Wolfe
BRRRR deal loan terms
I'm a newbie in the "learning and assembling me team" stage, and I found a lender who had a loan that was structured for BRRRR deals. Back in early March (pre Covid), details were:Minimum downpayment: 10% of the tota...
Marion Edwards
Back Taxes on Owner Financed Deal
I have a potential deal where the property is owned free and clear. The problem is, there are delinquent property taxes for years 2009, 2010, and 2011. All total about $8000. The property is set to be foreclosed on by...
David Pack
Plan to purchase first property (SFH) for primary residence
So my plan is to utilize the VA loan and wrap the closing cost as well with 0% down loan. The only fee would be the lending fee, which is roughly 2.5% of the loan. The total loan would be roughly 300k for a 4 bed 3br....
Kal Saeed
Question about lot size
There’s a small house on my street on 80x100 lot. 8000 sqft on a corner street. No neighboring home on the left side. Only neighbor’s house is on the right and another one back of the house. How big of a house ca...
Curtis J.
How to go about this, duplexes, LLC and loan?
Good Morning, BP!I'm looking at finding the best way to go forward from here. The situation is a little weird, at least to me.We have a 4 person LLC that currently holds 2 mobile units on 4 developed lots total with ...
Jack Stalnaker
I am looking to purchase my first rental property
I want to purchase a multifamily home and do a house hack if possible in January of 2025. I have 50k for a down payment and another 25k to cover any extra costs that may come along with it, but I don’t know where to s...
Olivier Mader
Getting one of my properties ready for sale...
Not sure if this post belongs in the DIY section or the Buying/Selling section...I'm currently working on getting one of my rentals ready for sale. (A 4 bedroom, 2 bathroom, 2 car garage home in Winter Haven, FL). I h...
Marcus Sullivan
80% LTV financing ADVICE needed. $4M now brings $5M in 3-5yrs
Hello,I am Marcus. I have a plan to turn $4M into $5M in 3 -5 years while still allowing myself to gain profits as well. I have included an outline from my Executive Summary below. It is done here in 7 years but it is...
Marcus Sullivan
80% LTV financing ADVICE needed. $4M now brings $5M in 3-5yrs
Hello,I am Marcus. I have a plan to turn $4M into $5M in 3 -5 years while still allowing myself to gain profits as well. I have included an outline from my Executive Summary below. It is done here in 7 years but it is...