Rick Miranda
Looking for Flipp Mentor in my Area
I want to be able to get started with flipping real estate. I understand the fundamentals of deal analysis. What I think I lack are the following: (1) area expertise (2) how to obtain & qualify for a hard money...
Amanda Gragg
How does this deal in midtown Oklahoma City look?
Hey guys,I'm not a brand new investor, but this is the first home that we haven't lived in before we rented it out. That makes the analysis of this deal more important. This is what we are looking at. We have found...
Eddie Martinez
Escrow Analysis Statement
Hello BP Nation!
I have a question for our professionals out there who may be able to better understand this situation I'm in.
Last year I was sent a EAS (escrow analysis statement) as was short 8xx som...
Gil Ganz
Lien not removed in previous foreclosure
HiWhile reviewing a deal to purchase a performing contract for deed in AZ, I have ordered an O&E report and learned there is a 5K lien that should have been wiped out when the property went through foreclosure (DU...
Marshal Amon
Is this a smart first purchase on a duplex?
I saw a duplex in Columbus, Ohio for $275k the other day. Strong bones with more recent upgrades. AC/Furnace (2014), Appliances (2015+), Windows (2007), Electric Boxes (2019), Roof in good shape, etc. I calculated tha...
Andrew S.
What's worse - continue renting or buy a negative cash flow?
Good afternoon BP,I have a few friends that are looking to begin their journey into real estate and are having some of the excitement and anticipation I (and many of you) had when we became ready to start. If you wer...
Tim Puffer
Owner Occupied duplex - Deal breakdown
Ok guys. I'm looking at this duplex that is a homepath property to owner occupy for the first year. Each unit is a 2/1, approx. 1,000 sq ft, has separate full basements and 1 car garage, built in 1976. Each unit needs...
Account Closed
Central A/C or Window Units
Hey everyone,My name is Joe, I'm 24 years old, was in the military for 5 years, and with the money I saved up I bought my first house in Pittsburgh, Pennsylvania. It was the third house I looked at, but between myself...
Joel Scarboro
Nonpro Cost Seg?
Getting mixed answers about cost segregation on a SFH. Can it be done on a SFH with a nonprofessional Real Estate Investor?
Thanks
Joel S
Kat Hussey
Flipping Math Confusion
If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...