Hey All, just looking for some advice. Partner and I made offer on quadplex, and they took offer. $168k. Inspection came in, great air conditioning, great roof, great structure. Needs new parking lot. $5K? Some...
Hello!I have always been interested in real estate and never knew where to start. I recently decided to take action and take a new step every day; otherwise, it would never get done. I began reading books published by...
Buy, Rehab, Rent, Refinance, & Repeat. ( BRRRR ) 1.Finances’ (CASH)The reason for doing this is the ability to be able to use the same funds, repeatedly. After each Refinance period, you will be able to get your ...
We have three properties, these are the numbers
1st -sfh, valued around 280k, rents for 1700 mortgage is 900
2 - duplex, valued around 417k 1/2 rents for 1595, mortgage is 1800 (we live in other half)
3- sfh, arv...
Ok, looking for some input from the BP community. Here's my situation ( Ill try to be as succinct as possible)...- left my financial services business in January '15 to go full time in RE- current income = $0/mo- cred...
I have purchased a contract from another wholesaler that have 2 houses under contract for 20k. My partner and I have found a buyer for one of the houses for $30k, but that buyer had me to agree for being responsible ...
HelloIm an Australian citizen, I don't live in the USA. I purchased an investment property (SFR) in Las Vegas in 2012.The is no money owing on the property, currently rented at $1000/month. I think the property is cur...
Hi there I'm relatively new to the bp forums and I am wondering on how to move forward. I am looking to invest in properties and must ask should I take a conventional loan out and build some equity and pull equity out...
so my names Desmond I live in norcal. I have these great deals I think and I've gone to the point of looking at them walked through them got all my info now I'm stuck what do I do now??
Hi BP,So my situation is that I have a good bit of equity in my 2 homes, but I cannot really access it. I would like to do a Heloc for one or both of the homes but my DTI ratio does not meet the 45% that banks require...