Jacquelyn Sarpong
Current situation
My lil brother has a 680 credit score. Make 45k a year. Has student loans and lil credit card debt. Have 9k in the bank. Should he wholesale, flip, or rent? What's the best route to real estate investing in the cu...
Arthur Garcia
HELOC or Cash Out Refi: opinions?
Hey BP,
Here is my situation, I own a F/C property - value 55-605
I just found a local bank that will give me a HELOC at 4.5% for 10 years at 70% LTV. Another option is to get a portfolio loan with them at 6% for ...
Charlene Garrison
Wise to use private money to become a landlord?
My marketing efforts have successfully brought me an investor with 3 properties, each of which are currently tenanted. Would it be wise to seek private money to buy the properties? I have asked for the annual taxes,...
Account Closed
Starting out: Looking for strategies to lower closing costs
Hi there, I'm Didi and I live in the greater Philadelphia area. I'm looking to start my real estate investment journey with a house-hack. I have good credit and I've been preapproved but when it comes to the total amo...
Daniel Winsor
Questions on closing costs - How can I lower them?
This is the estimate I am planning on using for financing. This is one aspect of things I have NO knowledge of. I don't know what things are required, which are optional, etc. A couple things stand out to me:Cant Shop...
Jason Kim
Have question on buying REO
I want to buy REO property to fix and flip. Looking to buy one around 40k to 50k range but fund is not fully available. Ofcourse the one that i would buy would be the best one available for my criteria, and may also...
William Montgomery
Buyer requesting closing price lower than I hoped - Do I take it?
Hi BP -I need your wisdom. I currently own a duplex that needs quite a bit of work. Instead of doing the work myself, I’ve decided to just sell it. After listing with a real estate agent multiple times unsuccessfully,...
Chris Igard
Should I buy down the rate and lower closing costs on a new construction subdivisio
Hey folks I’m going to live in this home for a year or so then turn it into a rental. Financing rate is the smartest one to choose if I want to continue to purchase nhomes down the road. Pic 1 is the interest rate pa...
Nathan Patterson
Finally Did It; Purchased First Rental Duplex.
Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...
David Doyle
Josh Cantwell Middle Man Income system
Hey Gang
Does anyone have an opinion about Josh Cantwells Middle Man Income system?
It appears to be a strategy where the investor approaches an upside down home owner,gets an option on the property and flips the opti...