John Vu
How to Get Good Cash on Cash ROI (CCR)
Hi All,Is it just me, or is it super hard finding "good" Cash on Cash ROI? I am reading older posts and I see the consensus is that 10-12% is considered good CCR. But I am also seeing a lot of people on here saying th...
Matthew Ware
AHP Note Buyer's Boot Camp Take Away
Hello Note People. I just wanted to stop in and share some of my takeaways from the Note Buyer’s Boot Camp held by American Home Preservation in Chicago last week. This post might be useful to newbies like me thinking...
Maxim Khanin
Obligation to test for mold - no evidence?
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
Steven Blanton
Help---PML wants 80%-20% split!!!
Hi,I am a new investor and actively looking for deals. I have researched some of the HML's and didnt' really like to percentage of "skin in the game" that is required upfront. So, I decided to go the PML route. I a...
Account Closed
Realtors loaning commission @ 2.25% rate post closing 2nd mtg
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Morgan McConnell
Looking for some advice
Hey guys. I’m looking for some advice. I have been reading about real estate investing for the past ~6 months and I really want to jump in within the next year. My wife and I currently have about 60k debt (mostly car ...
Account Closed
Does a college degree help?
Does a college degree help? Should I major in Finance or Real Estate? Both? Or is real life experience better for learning how to invest in real estate? My goal is to do this full time. What is the average time span f...
Jennifer Lee
1031 and first $1M deal, Done!! Thx to BP
hi BP,just want to thank you! stumbling on this site was the best thing ever!I don't have time to write out the details bc its still work in progress and I'm just updating you all on my journey here on BP.Thx for the ...
Steve LeBlanc
Where Are You Getting Your Cash Out Refinance Today?
With all the underwriting guidelines changing due to COVID, where are you folks finding "decent" deals on cash out refinancing that's worth looking at? I'm finding that either the rate is not attractive enough or the...
Tyler Zwart
Value of estate agents ?
Hi Guys, I have this crazy idea to sell houses without estate agents. There are numerous benefits to this other then the obviously huge financial benefits as an agents commission on average of 5% is not needed to be p...