I understand the FHA 203k allows one to buy a Primary residence with a low downpayment and wraps the rehab costs into the loan. My question is what are the rules regarding the timeline to begin living in the home afte...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
I'm finding myself running a minimum of two calculations per property when figuring the monthly cash flow. The reason is if you calculate using CapEx, Vacancy Rate, Repairs which are subjective(not actual) they affec...
Okay so there is this guy, he wasn’t very wealthy at all. And now he owns multiple high rise apartment buildings. And is loaded. My question is after he got the first one. And paid all that money. How did he afford to...
New to BP. My son and I are from the Pittsburgh, Greensburg area. We want to form an LLC for our wholesaling business. We plan on picking up some rentals and rehabs along the way but , mainly it will be wholesa...
Hey BP,Chistian here, Whats the best place to buy real estate? I was browsing the internet and came upon this article for you interested in good places to invest. If your a investor looking for a partner to invest in ...
I thought you'd be interested in the recently published Linneman Letter. I enjoy reviewing these and other reports to stay up to date on trends and opportunities in different markets nationwide. Checkout my profile ...
Hi All,I'm a newbie investor and joined BP around a month ago. After numerous hours of learning through podcasts, articles, forum discussions and webinars later I found some good deals. I'm debating which one to go fo...
Hey everyone! Alessandro here (you can call me Alex)—I'm Italian, currently living in Manhattan. NYC isn't what it used to be and I decided it's not worth to stay here for the next 6-12 months—so I decided to move som...
Hello,
I was looking for anyone that has done any Real Estate investments, Flips, BRRRR, Buy and Hold, wholesaling, etc, in Waco, Tx. I was wondering if its a good area to invest? Especially because its right between...