Anjelica Allen
Something just doesn’t feel right, need advice.
Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...
Alex M.
Analysis of a 4-plex rehab with FHA 203k
All,
I'm in the process of purchasing my first property - to both live in and use as an investment. I'm a newbie to this forum - and to investing - and was recommended to post the numbers here. Any assistance...
Mindy Jensen
Ep 301 The Incredible Power of Long Distance BRRRR w Alex Felice
Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the...
Ken P.
Unit #25 under contract
Last week we signed the purchase agreement for what will be our 25th unit over 4 1/2 years. It's nothing glamorous, but with a bit of work should exceed what we could achieve in most other investments, and hopefully ...
Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
Kallie Cornett
Captial Gains - Primary residence/rental property - Sell or Refi?
BP Nation - As a rookie real estate investor, I'm seeking advice on our first investment property in the Nashville area that my wife and I previously called our primary residence (2017-Jan 2021), and began renting it ...
John D.
Prospect seemed a bit odd, but wants to pay cash in full up front
A prospect called me the other day inquiring about an apartment I have for rent and I got a strange feeling, but maybe it was just his personality...anyway, he said his boss wants him to move closer to work and wan...
Jacob Camilliere
Closing Costs Question
So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...
Robert L.
Retiring from a portfolio of rentals
With a buy and hold strategy accumulating SFR rentals into a portfolio for retirement, let's say you cash flow an average of $300/mo per house (after all expenses/mortgage).If I was to generate like $9k/mo in order to...
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My Plan
My husband and I have a 3 year plan. I'd like to run it by you.
We live in the subs of Chicago in a condo. We have lived here for 6 1/2 yrs. In 3 yrs we plan to move to Florida. If we were to sell our condo now we wou...