Gil Gregg
When a bank says "Yes" to you offer
I live in the LA area. One of the posters here mentioned that REO investing is "heartbreaking". Boy did we find this out. Bid often and bid a lot….
After about 10 offers, a bank finally said "yes" to a property we ...
Alex Clift
New kitchen/bathroom in rented condo
The kitchen and bathrooms in my condo that I rent are fairly dated. I know this is broad question but curious how much tenants care about new appliances/bathrooms. Any thoughts?
Josh Chappell
Protecting cash from tax hit with property sale.
I have a property in the works that could potentially net a big lump some of money on a property sale. As to date, I have not sold any properties, just buy and holds. I am asking for all advice on how you all are mini...
Luke Mccandless
Sanity check / help me check my numbers
There is a foreclosure for sale next to the families house. It would give us better access to the 2 acres we have and based on my numbers be a good investment on it's owe.Here are the details :$95,000 offer that we wo...
Evelyn Castillo
FHA Obstacles; your thoughts/experience
Hi BP! I recently landed a full-time job (my first REAL job). I know that I want to use it to fund investment properties in the future and I know that I want to use the FHA option because it’s quicker.
I have never ...
Matt Whitermore
3-unit rental in Albany with 100% LTC private money financing
Investment Info:
3 unit, attached multifamily in the City of Albany
Purchase price: $130,000Cash invested: $0
Found the seller through a direct mail campaign, put it under contract and got the seller to allow us to...
Anthony Morris
First property purchase - and it's already heading south
So I just made my first BRRRR purchase last week in the DFW market. I actually started back in July and moved finances to be ready for a deal. After months of waiting, i found a property from a wholesaler that met t...
Ryan Daulton
Tenant property destruction
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
Joe Roberts
Local SFR Lenders in Eastern NC
So I just finished BRRRRing my first property and my second is under rehab right now. My lender had told me that they would be able to refinance me out of both of them based off the appraisals, but now I found out tha...
Porsche Thompson
1st Deal Down, Now What?
Hello BP Family!So I recently purchased my first multifamily property. Its a triplex that I'm currently house hacking. Me and my husband were able to get in with no money down thru our VA loan and we already got the o...