Hi everyone!I'm not new here, but I've just jumped back in after having my head down in my work for a while— so I wanted to introduce myself. I'm Dan Cumberland. I'm an entrepreneur, blogger, podcaster, and photo...
Hello my name is Peter Wilder and I am from Grand Rapids MI. I am currently in the Air Force and stationed in San Antonio TX. That is why I included both cities. I am working on a degree in accounting, and am hopi...
Mobile Homes
Hey fellow investors, my name is Caleb, I am a local investor in Grand Rapids MI, and am trying to connect with other investors who have experience with mobile homes.
I would like to buy 10 of them wi...
If you have used a HELOC as a down payment do you calculate the monthly payoff of that draw as an expense when running numbers on a potential deal? Example: expenses+mtg+HELOC= total expenses. Initially I have been do...
How are your units doing now? You didn't want to hear that it might be a bad idea. It seemed such a wonderful way to get in for cheap. What was wrong with all those idiots saying that you should probably buy and not t...
I'm starting to hear about great deals from Taxi drivers, hair stylists etc. Lots in my areas are going up 20% and home prices as much as 25%. Sorry, but I'm a realist and this seems a lot like 2007. Are we in for a s...
Hey, BP collective. I'm looking for some advice on my situation.Said situation:
My wife and I own a SFH, that we bought in 2015, before we got into real estate investing.It is in an area that has appreciated rapidly ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
Cash invested: $26,000
Contributors:
Jesse Canady
Fantastic Short Term Rental in Downtown ...
HelloUp to this point I've used local small banks for commercial loans. These are always recourse. I am also aware of Fannie Mae and Freddie Mac loans which have favorable terms including being non recourse but accord...
Has anyone ever invested in Real Estate in Detroit? Is there potential ROI? Or will I be wasting my time? Please share your experiences and thoughts?