Davon Lowery
Do contractors not get it;more you charge me the less I can flip
Dude, this is a symbiotic relationahip. Trying to start my new REI project, a flip in Milwaukee. Trying to negotiate with a contractor to budge on the plumbing costs, he wants 10k to pipe a 2,200 sqft. duplex, I need ...
Jonathan Taylor
Send me your financing questions
Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
Terry Lao
Is it a good time to sell in Las Vegas?
The SFR median in May'20 was 315k, all time high was 315k in Jun'06. Now, with coronavirus, unemployment, forbearance, evictions to begin, strip partially opened, $600 Fed unemployment to end, etc. Is it a good time t...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Daniel Toshner
Just closed my 10th rental in last 7 months
BP,I am stoked to say I have closed my 10th property in last 7 months. I started looking on BP about a year ago. I was on a business trip to SD and had a lot of drive time. I must have listened to the podcast for 1...
Raven Parmer
Does one-of-a-kind design have a place in flipping?
I have a background in architecture and a real interest in design. My dream is to flip houses, but I want them to be unique and thoughtfully designed. I love the idea of making something better. I watch all the flippi...
Account Closed
Advice on searching for/acquiring a cash flowing rental property
So a little bit about my background before I dive in: I previously have owned rental properties before (back in 2018 - 2019). Those properties we all bought in cash (no leverage) they were lower end properties that ca...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Juan Diaz
Why Building/Developing is Better Than Flipping These Days
Just thought I’d share some of my experiences with you all in the San Francisco market. The big, HUGE take-away that I’m getting from my experience over the last year and a half is that there is absolutely no money in...
Bob Olah
What is the legal way to buying and holding owner financed property with a mortgage
Hello Guys,
I have read so much from soooo many investors that I really want it clearified here please.
If I find a motivated seller who just wants out of a property, Can I buy it legally with owner financing? I do ...