Devan Mcclish
Owner financed 17 Unit Apartment Complex with 0% interest
The Power of Zero is a magical thing. If you can buy a deal with zero of your own money, and have 0% interest financing, you've hit a grand slam. Deals like that do not come around very often, but they do come around!...
David Soles
Opportunity to purchase a note
Need someone to push me over the ledge here.
Scenario:
-168k note at 10%
-20% down on the original purchase
-Borrower can’t qualify for a confirming loan and the note is ballooning in 6 months.
-Investor wants his ...
Jerod Smith
First BRRRR deal (hopefully)
I've read so many BRRRR threads that I hope I have a handle on this and ready to do my first deal. Would love input. $46k cash on hand. 2/1 ( could be 3) SFH offering $30k in recovering, popular neighborhood. Rehab co...
Simon Ahmed
Need advise on 3 million dollar investment
I’m a young relatively inexperienced guy starting out in real estate. I have friends who have several single family homes and a uncle that owns a apartment complex. I’m a hustler and a go getter and willing to put in ...
Robert Ortiz
Newbie with 1st off-market deal. Need guidance locking it down.
Hi BP Pros and Rookies,I'm a newbie out-of-state investor looking for some guidance regarding the steps to close out an off-market deal in Kansas City, MO. I feel like the proverbial dog who caught the car. Any advi...
Curtis H.
Insurance question on Sub2 and Renovations
Hi all, Just got a property Sub2 and want to start renovations next week. My question is do I need to have the homeowner insurance squared away before I start letting electricians and plumbers into the property? I wou...
Bill Womeldorf
Tenant from hell, but is already in new investment property upon purchase?
Greetings BP,I know that a good tenant screening process is an important thing to know when landlording. But what happens when you buy a house as a rental property and there is a tenant already in there. I am trying t...
Jimmy Epolito
My 1st BRRRR in Birmingham
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $65,000
Cash invested: $65,000
Off Market deal. House has been rehabbed but still needed siding. Purchase Price of...
Justin Carpenter
Need help purchasing second property
I'm a new investor and I used my VA loan to purchase a 4-plex. I just closed on it and now I have a great opportunity to purchase another for 50k. It needs approximately 20K in rehab. I feel stuck right now because n...
Albert Johnson
Need help using HELOC to buy investment property
Hi I am new to this. I am currently in the process of getting approved for HELOC. My question is can I use HELOC to put as a down payment towards another property even if my HELOC is less than the property I want to b...