Steven Bays
General advice on my OO property
So I bought my first duplex with an FHA loan for 128k and it was appraised for 130k. PITI IS 1025 a month and I rent out the other side for 650 a month. Now I know that this isn't a great deal but I bought it before I...
Charles Stein
Mini Split vs. Hot Water Baseboard
Hi BP,
I recently bought a duplex in Massachusetts which has hot water baseboard already installed in the first floor's rental. We will be installing mini-splits for heat and AC in the second unit.
We are wonderin...
Bill Black
Making first ever offer on flip house and have a cpl questions...
First of all, I am in Washington State. Is there a state specific OFFER that is required or will a general "Letter of Intent" be sufficient prior to drafting the "Purchase Agreement"? I understand that the sale cont...
Jeff Howard
Multiple Mortgages and Credit Score
Hello,I will soon be purchasing a first of hopefully many income rental properties in good cash flow markets such as Indianapolis and Birmingham. However I also want to remain in a good position to buy a new home for...
Leighton Swatek
Starting out with wholesaling
Very new to wholesaling, and REI, looking for direction. I understand that I need a purchase contract to hold the property while doing due diligence and finding an end buyer. Then an assignment contract to assign the ...
Brad Kaiser
Old dog ready to learn new tricks
Greetings! My name is Brad and my wife (Donna) and I live in Florence SC. We are originally from the Upstate area, Spartanburg/Boiling Springs specifically and have ties to WNC (Western North Carolina for those of you...
Rich Czapkay
Buying multiple Duplex's
My business partner and I have an opportunity to purchase a number of duplex's (4-5) in a brand new development. We are brand new to RE investing and have struggled in the last year trying to get things going. Is this...
Daniel Machado
Building a team in the Durham/Raleigh area
Hello Raleigh BP community!I've spent the past few months better understanding the Research Triangle market and I'm excited to invest in it for my next home. This will be my second investing home and I'm interested in...
Brian Law
How to setup a real estate investment company in Ontario Canada?
How to setup a real estate investment company in Ontario Canada to attract foreign investors?My business partner and I have been purchasing properties since 2008, mostly single family dwelling and some 2-6 plexes in O...
Justin Montoya
What to Look for When Buying Your First Investment Property
There’s a lot about real estate investing to make it attractive to investors, including residual income, value appreciation, and the security that comes with owning hard assets. But the other side of that coin is that...