Leo B.
Does "No Seasoning" financing exist?
I've read and seen many advertisements regarding No Seasoning loans. But I'm running into issues finding such a lender. I purchase a home cash and am rehabbing the property out of pocket. I would like to recoup my ...
Kasey Gourley
Direct Mail Marketing Success
Happy Friday BP!After deciding to focus on Buy and Hold deals, narrowing my search to 3 greater metro areas, of which I have lived and am familiar with, as well as analyzing numerous deals from the MLS and wholesalers...
Greg P.
Accounting - Filing System for Rehabbers? Need some Help Please
Hello, we are currently doing approx 40 properties each year and having a hard time keeping up with all of the paperwork. We were filing our transactions by each property and putting all information pertaining to the...
Mohammad Fanaei
How is DTI Ratio Calculated for Buying Second Househack?
I bought my first househack last year, and I am getting ready to make an offer for the second one. My question is about how the DTI ratio is calculated when I apply for the second mortgage. My understanding is that as...
Kendal Glover
Michael quarles gold coaching
Has anyone done Michael Quarles' gold coaching program? He seems like a highly ethical guy but I'm interested in your experiences. Thanks!
Abraham Shamosh
Finding a market to narrow down to
Hi BP members,
First post here, been doing a lot of research and ready to find property and pull trigger. Thing I’m struggling with is they say start in your backyard and you’ll have an advantage. I live in Brooklyn ...
Nephtalie Pierre
Do I need to list a short sale lead to the MLS with a Realtor?
Hello!Hope this post finds you well :).My partners and I recently started mailing to preforeclosure list on a bi-weekly basis. And we have been getting some calls. So far most have been from individuals who owe more t...
Lance Lvovsky
How do YOU measure fair value (using market interpolation)
Just curious, when you examine a mult-family/apartment deal, how do you allocate what the fair value of your purchase should be? In one of my accounting classes in graduate school, we are learning about fair value mea...
Navid A.
Can you still BRRR if you don't have a W2?
Evening BP, I'm transitioning out of the military in a year. Curious how difficult it will be (or not) to continue buying properties using the BRRR method when I leave my full time job. I have built up enough cash ove...
Kevin Lovill
Is this worth pursuing?
I have been informed on a pre-foreclosure deal. The comps are in mid 150k. The owner owes this much on the property. The property would need new carpet and painting on the inside. The owner owes 140 on the first and 1...