Enrique Gonzalez
Rent or sell my current home
Need some guidance, I have been trying to learn everything as fast as I can (2nd week on BP) so wanted to test out what I have come up with some far and get some advise and get some validation if I should rent or sell...
Josh Rogers
Help! Trying to sell a property. What am I doing wrong?
I have a property under contract that I am trying to find serious buyers for. A good number have contacted me saying they will get back to me the next day, but I have heard from no one. This is my first attempt at who...
Ivan Reyes
Seller financing on a junker.
There’s an old house in disrepair in a transitional neighborhood near where I live.
House is 4br/2.5 bth 2500 sf, built 1920 and Victorian in style. Its listed with an agent but it’s a private seller. It’s on t...
Larry Moore
Short Sale on FHA loans
Just got a call from a pre-forclosure that has an FHA loan with Countrywide/BoA. Said the property is in great condition, just needs a new roof. The last Countrywide FHA short sale I attempted was a complete waiste ...
Sachin Amin
Realistic goals in REI
BP community,
Lets set a hypothetical goal to own 20 Single Family units in 5 years. (finance with 25% down(down payment 20% + 5% closing cost)
Year 1 Goal - 4 Units
we will need $100,000 just for down payments ...
Jeff Lundeen
Mitigating and managing risk for a Value Add play
I love analyzing risk and figuring out the best way to protect downside.I've got a current deal that has significant upside, I am just trying to fully understand and mitigate risks. The current building has low rents...
Alec Johnson
Cash-out Refi on Primary Home
Hello,I am looking to get my first investment property within the 1-3 months. I would like to cash out refi my primary home which is worth about $550K in order to use that money for the new property. Looking to invest...
Travis Cripps
Maintenance, repairs, and cap ex
Hey Guys,Question regarding projected maintenance, repairs, and Cap Ex. I've heard and read opinions on the anticipated expense percentages when evaluating a property (10% property manager, 10% repairs, 50% rule, etc....
Michael Maloney
Indianapolis Rental Market
I am a 22-year old looking to get started investing, and based out of Indianapolis. I would like a lower-cost property for my first investment, and I will likely be doing a BRRRR method. The one thing I am hesitant ...
Kadin Loehr
Finding private capital
Hello everyone, I have been I search of private capital for a real estate development in small town Murray Kentucky. The land out here is cheap selling for less than $4000 with full utilities available. Most people I ...