Charles Player
Can a portfolio loan help me?
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
Eric Miller
FIRST FLIP - $23,500 PROFIT
Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
Or Yeger
lets talk about performing notes
I`m a total newbie so I have some question after reading and listening to a lot of materiel here and on the web. 1) what do you look for in the due diligence process of buying a performing note?2) what discount should...
Betty Cruz
For analytical types who like helping newbies reach goals...
Here's a hypothetical scenario... :-)I am not experienced enough nor numbers smart enough to figure this out with confidence but I am devising a plan and would be very grateful for input from some of you who are so br...
Account Closed
Short Term Rental- 30yr home loan allowed! Do I need to buy this?
I live in a major vacation destination town. I believe RE prices are still pretty low and will grow a lot. I'm 53, with few assets, no debt, and want to get into the market now.I can't afford to buy a home AND a r...
Chris Masons
silly question for a somewhat seasoned landlord/investor
Hi guys,
I am a bit embarrassed for asking such a simple question and feel like I should know the answer already but I guess if I don't ask I will never know....
I need to do some serious asset/liability protection...
Stephanie Cabral
LESSONS LEARNED FROM MY 3RD BRRR.
I invest in central Connecticut where the market is fairly saturated with other investors and taxes are extremely high so we have some obstacles to overcome. That being said, I just refinanced a property, completing ...
Rigo V.
Appraisal gone wrong
I purchased a property in Dallas PA with a HML for $70k and put $70k into it. As you can imagine it was completely redone. The HML required an after repair appraisal And the appraisal came in at $200k. I went to do a...
Vincent M.
STR in the Smokys - Expenses
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
Jennifer Cheu
Seller claimed final offer?
Hi BP community, I am in the midst of buying a 3 family property, the list price is $440. My initial offer on the house was at $420k, which was beat by an above list offer. Lucky for me, the offer from the other par...