I am looking at a Duplex and made a little spreadsheet. This is my second investment property and i have typically done the simple math and crunched the numbers but I wanted to know if I am missing anything.
3 bedro...
Hi all - I'm a new investor, looking for buy and hold rentals, been doing some pretty exhaustive financial modeling of deals for the past 8-10 months and am now under contract on a 6bed/3bath, 2700sqft home in Adair P...
Hello BP,Do any of you work with lenders on a cost + basis? If so, when the bank puts their version of the buyer/GC agreement in front of you, do they make it a fixed-price contact? If so, how do you handle?I'm findi...
Hello BP Family. I recently passed my RE test on April 6th. My goal is to own a mortgage brokerage company. California law require that I work under a RE broker for 2 years before becoming a broker myself. I have a fu...
Greetings BPers,I have another post outlining my decision to sell my 2/2 condo. A majority of BPers said sell and get another property (in short it was not cash flowing as much as I expected and a few water leaks last...
Hi Everyone,I've been doing some research and I think that non-performing 1st position notes are probably the best place for me to start given my situation. I currently have 20k I could borrow from my 401k as well as ...
I MUST move. Emergency situation. Needs 2 b in a year. 18 months tops. I have a primary and a rental. Pretty much broke. My plan is to pull $ out the rental and refinance it into a conventional. And refinance my prim...
After I get my first rental property closed I'm going to look into refinancing out of the FHA mortgage on my personal residence into conventional, and possibly pulling a little cash out (and keep it as a rental). The...
hey bp I've been taking massive action and have finally found a solid motivated seller! I've never done a wholesale and I'm not completely confident on my numbers so I'm here looking for a some help.Seller wants 150k....
My parents have owned a home in Minneapolis for 20+ years and the mortgage has been paid off for a few years now. For the past few years, my partner and best friend and I have been renting out this home and paying ren...