Kevin Uzelac
First Rental Property
I recently graduated college and have am eager to get started in real estate. I would like to focus primarily on rental properties for a long term steady ROI. Unfortunately I have 55k in student loans with 5.7% intere...
David Sisson
Dumb question(s) about investing profits / taxes
Hello, I'm a small business owner (my architecture business) and I also own a couple of investment properties. I hold one of these investment properties in an LLC (that I'm the sole owner of) and the other one my wife...
Blake Ramsey
Conventional Financing for Experienced Investors (Oxymoron?!)
Early in 2020 my business partner and I had a goal to focus on maximizing our financing. To give a little context, we are buy and hold investors mostly in the Colorado Springs are. Earlier this year we were crossing 1...
David G West
Beginner Investor Seeking Advice
Hello BP community! I'm a beginner looking for advice. I'm a recent college graduate looking to start my investment journey in real estate.
I currently have about 2/3 amount of debt ($30k in student and auto loans) ...
Corey Block
How much money to budget for repairs and capital expenses.
So, I have very recently discovered that I have made the grave error in not accounting for repairs and capital expenditures for my rental units. I have owned investment properties for going on 5 years, currently own ...
Jenni Rivera
Seeking Advice-Step by Step SDIRA + HML
Hello BP Family,I am currently a W2 newbie trying to get started. I am in the research stage and trying to figure out how to fund a deal. I have decided to use about $10K in a SDIRA along with some funds from a HELOC ...
Eric Villafana
Can't Finance Rental Home Due to Loss Reflected on Taxes
Happy Sunday!I was recently in the process of gaining a pre-qualification for purchasing an investment home (buy and hold rental). Our starting target range ~$100K. I spoke with a lender who was referred to me by my r...
Geoffery Hewlett Jr
SHORT SALE DEAL OR NO DEAL
$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
Tiffany Hayden
I ticked off a seller with a low ball offer...
I am looking to purchase a house to live in. I found a house that I really like, but my realtor says they are asking too much. The house is listed at $128k. My realtor says that there haven't been any houses in that a...
Gregg C.
Providing seller financing in the form of a bridge/gap loan
I am in the sale phase of a flip. I’ve had 17 showings but zero offers after seven weeks on the MLS. I have a potential offer but the buyer wants an FHA loan with only 3.5% down. Problem with that is the propert...