Jessica Martin
Thinking of getting my RE license
My husband and I are just getting into REI and thinking we are going to have to start working with mostly 100k houses and below. Because of the smaller profit margins and the higher lenders fees we will have to pay st...
Jeff Chapz
How would you handle this opportunity if you were me.
Hello everyone, Since Mid 2015 I was educating myself on how to obtain stressed, cheap, ugly SFR to fixing them up, rent them, refinancing and do it again – that was my plan for 2016. However, on the last week of Dec...
Devin Bost
Subject-to existing financing after notice of default
I'm trying to figure out what options I have with buying properties after the seller has received a notice of default. I've heard some investors have success with buying properties subject-to existing financing, but I...
Patrick Thomas Dickinson
What should I buy next If I want to scale.
Ok bigger pockets folks. Give me your opinions. The time has come. I officially have my Pre Approval letter for a loan amount of 450,000$I also have 200000$ to put as a down payment on something. I also have reserves ...
Kate Andreeva
Math and Finance nerds need your help! CAP rate calc
Trying to calculate Cap rate for the primary residence I hold that I am trying to convert to a rental property.Here are the numbers:Original purchase price: $400KCurrent value: $600KCurrent loan amount: $300KPlanning ...
Cecilia Constantine
Use property management company just for repairs?
Hi BP, newbie here reaching out for some seasoned advice,
TL;DR, The numbers: Rehab finances fell through on house-hacked multifamily and previous 10 year tenant has left the unit needing tons of TLC. Unit is vacant ...
Will Flores
Those Looking for Wholesalers!
Hello everyone,The reason I am starting this discussion is because I am curious to see what everyone thinks and how they feel about wholesalers. This is more directed to those who use wholesalers and need them in orde...
Account Closed
Wholesale or Flip 50k property in Sacramento
Hi folks,I am new to real estate investing. I'd like to get some opinions on this potential deal.Realtor friend contacted me about a 2 bed 1 bath property in Sacramento, CA (This is out of state for me) where the buy...
Billy V.
Power of Attorney Question
Hey BP Nation,
Got a call from my agent today that the buyers (husband and wife) of my property were all set to close till the husband had some kind of severe medical issue. He is in the ICU and apparently (obviousl...
Matthew Murphy
Uninformed sellers!
Scenario: Duplex each side is 2bd, 1 bth. Seller is offering to carry contract. Terms, purchase price $85000, Down payment of 20k. 10-15 year contract negotiable. Property needs minor rehab (5k), currently it is vacan...