Christian Hilbrich
Calling all Debt-to-Income specialists!
Property: Airbnb Condo in MontanaTitle: in LLC (Bought in 3 partners personal names Chris, Tim & Gabe. Warranty Deed transfered to LLC.)Loan 1 - Mortgage: guarantors: Chris, Tim, Gabe (Second Home loan 20% down)L...
Account Closed
PSA - THIS IS A HORRIBLE DEAL RUN!
A new investor just posted this potential 'deal'. I am not beating her up in any way, but it made my blood run cold. Full disclosure - I got completely wiped out in my investing in Virginia from 05-10. It's how I ende...
Dustin Sanchez
The Live-In Flip / Buy & Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $242,500
Cash invested: $61,989
This is a "live-in flip" I purchased for zero money down with a VA loan. We did a c...
Mike Schorah
Will housing prices plummet in 12 OR 24 OR 36 months?
In the late 2000s, the housing market stalled. You had a lot of people buying. When all the cheap money goes away and the interest rates start going up, you have less people buying homes. So now what that did by incre...
Jonathan Gee
Beginning My Real Estate Journey
Hello everyone! My name is Jonathan gee I’m currently twenty years old, and I’m looking forward to build my future in Real Estate. I’m currently looking a mentor to help set my Real Estate foundation. I Really want to...
Owen Thornton
Making money through seller financing
Hey! I am unsure as this is a new idea I’ve stumbled across reading Rich dad Poor Dad What is it called when someone - buys a home at an auction underpriced- sells it for higher with seller financing - and takes inter...
David Waldy
Distressed FC - Bank won't finance due to condition. Any Options?
Hey BP Fam,We found an off-market, distressed Foreclosure that didn't sell at auction and Freddie Mac took it back. Contacted broker in charge a month ago and he did the "set-out" and initial review yesterday... Went ...
Mary Joe
Fire, flood or other destruction - landlord's responsibilities
I am sorry if this has been answered or discussed before but i can't seem to be able to find the answers.
Does anyone know what are landlords' responsibilities when, for example, a fire breaks out in units where the...
Caleb Clay
Tenants that don't check the minimum credit score box.
I have some younger tenants that are applying to rent a 2/1 from me. They said they have unpaid medical bills and that wrecked their credit. I was thinking of keeping 2x monthly rent for a security deposit to offset t...
Eric Martell
Flipping a high-end property
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $325,000
Cash invested: $400,000
Sale price: $1,400,000
Amazing 5 acre property with horse barn, cross fencing,...