Spenser Murphy
Financing a Duplex
I'm new to REI. Does a duplex fall under conventional residential lending? Are the down payments and interest rates higher? I know not occupying the property raises rates and excludes FHA loans. Thanks
Corey McPherson
Greenville, Spartanburg Real estate
Been in the area little over 3 years and in the real estate business almost a year. I have tons to learn and the ambition to do so. I'm continuously reading and learning and growing as a person trying to find ways in ...
Sean Hayes
Young entrepreneur from Georgia
I am 23 year old Marine Veteran looking to earn some extra cash flow. I am Co-owner of CrossFit Croton in Lawrenceville, Ga and also go to school full time. Time is very valuable to me. I want to earn some extra cash ...
Zahrah McFadgen
Rule of thumb for analyzing leads quickly
Hi everyone. I'd like to know what math formulas you use to quickly assess whether a lead is worth more investigation and analysis? I've heard about using the 50% rule for buy and holds and the 70% rule for flips but ...
Lincoln Alexander
First fix and flip - first of many! updating our projects.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $20,000
Sale price: $120,000
First project in Cleveland Ohio that our business flipped. ...
Briana Bean
First Flip - Primary Residence
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $93,000
Cash invested: $10,000
Sale price: $147,500
This was a live-in flip. We stayed in it 2 years to avoid c...
Marci Stein
Train or be trained...did i do the right thing?
Just bought a SFH and inherited tenants who have been there 8 years, always paying rent on time . Because of this, I gave them a 2 yr lease with no increase (I could have gotten $50-75 more) . One month after purchas...
Paula Hernandez
My first flip is not going so well. Problems with seller.
Hi everyone! First-time poster long-time reader here.
In short:
My husband and I finally pulled the trigger on our first Flip investment here in the Tampa area. We made a quick cash offer and gave the owner 30 days...
Coty Dowell
Chattanooga First Time Buyer
Hi BP community,I am looking to connect and get some guidance from the BP family here. I'm a recent college graduate with minimal cash on hand for the moment. I have a plan, but does anyone have any suggestions on e...
Quentin Mitchell
Value Add vs turn key or light cosmetic rehab
There are positives and negatives of both systemsValue Add Positives:1. Cheaper acquisition price2. Greater ability to force appreciation.3. You get to pick the maintenance that you do, and you know what major mechani...