J Scott
Impact of Leverage on Cash-on-Cash Returns
In the spirit of truly understanding some important concepts behind investing decisions many of us are making, I wouldn't to start this thread...Basically, I was surprised at the information I'm about to provide (I di...
Vandale Gentry
Please help me with BRRRR financing
Hey guys,My grandfather and his brother were deeded a house by their parents when they passed in the 90’s. My grandfather’s brother lived in the property until he passed away in December 2017. The house is in the pro...
Silvestre M.
Greetings from So Cal
Hello BP! My name is Silvestre Madrid, first thing people ask me is "Do you have a nickname?" And yes..its Sly :) I feel very fortunate to have found this site, it is such a valuable source of knowledge I cannot even...
Alex Greenberg
Is college worth it for an aspiring RE developer/investor?
Hello all,I’m currently in High School. I already know that I’m an entrepreneur, and I love real estate, so I’m almost positive I’ll be a developer and investor(but not closing myself off to other possibilities). Scho...
Jeremy Mattson
Funeral Home converted to a Duplex... Red Flag?
Hi All,
Looking at putting an offer on a property that was previously run as a funeral home. Highly motivated seller who just wants it gone (with little movement/interest on the market) so I am able to purchase it at...
Sam Leon
Unfair competition - cable and internet
I have two recent applicants trying to negotiate with me on rent. I was told that two nearby properties - not as nice location wise, nevertheless only three blocks away, are including free high speed internet and "pr...
Cory B.
Buying my first home to eventually rent it out in a couple years.
My wife and I are purchasing our first home. We have 130k in savings combined. She find a town house she loves which is new construction in a great area for 256k. My plan would be to live in the house for a couple yea...
Phil Shelton
(refinance) hard money lender vs conviental for investment 30 year fixed
do you guys think that the rates that hard money lenders that provide rental loans are so close to what conviental banks offer that HML are easier to refinance with?
Christopher Grobbel
FHA Insurance Denied After Closing
We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
Account Closed
If you started all over again, what would you do the same?
A previous post in this category got me thinking. My wife and I are properly into this now. There have been missteps, there have been setbacks, and there have been a lot of possible stumbling points that we've moved p...