My wife and I are flipping our first single family house, want to know how much do people usually get from their first deal? What's an average return on the first flip?
I am sure this varies by lender- but looking for some sort of rule of thumb. Assume the sole source of income is rental. I buy a 100k house with 25k down and generates 10k income. How many of these could I buy befo...
Hello BP,
I have 2 SFR that I own (owned before I got married). I claim these on taxes, my husband and I have never filed taxes together as we both have things that we are sorting out before we can file joint...
I am buying my first investment property but can't find a lender that will go less than 25% down for 30 yr fixed, unless it is an ARM. Fixed will give me some peace of mind. However, Paying this much down will end up ...
To create an additional income stream, I have decided to privately lend (gap funds under $50k for my first) amongst other members of the REI flip method coaching program to which I belong. I have already formed an LLC...
Do you still qualify for bank loans if your income is solely passive rental income, but no w2 income?
Greetings;For WI landlords - how accurate is the WI circuit court access website? (https://www.wicourts.gov/casesearch.htm)? I have an applicant who said she had an eviction due to her ex-husband, but it is not lis...
I am a one man show, "FOR NOW". Is Podio the best tool for keeping everything organized and running smooth? Up to this point I have done it "Old School" pen and paper. But within the last couple of months my business ...
Evening BP,I'm transitioning out of the military in a year. Curious how difficult it will be (or not) to continue buying properties using the BRRR method when I leave my full time job. I have built up enough cash over...
I know I can ask the 1031 exchange experts directly here through private messaging but I think this can be a helpful conversation for some other members in the forum.I have a business partner that we own a commercial ...