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I was inspired by house hacking the spring of 2017 and made it my mission to live for free. the problem was that in Denver duplexes are way too expensive to make a traditional house hack a good idea. I had a really ...
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Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
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HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
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Hey All,I’ve got a little situation that I could use some input on. We are about to complete renovation on a SFR and are nearly ready to place a tenant. This property is in my hometown and a friend recommended a coupl...
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To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
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For the first time in my life I have decided to do a lease option. I am the seller, and I am using a Realtor who has found me a suitable tenant-buyer. All parties have agreed upon an option deposit of $3,000. T...
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I am creating seller financed notes in Texas. I am interested in selling partial notes to private investors. I'm struggling to find an attorney that specializes in preparing them and also a note servicing company that...
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Whats the best way to determine the market value of a multifamily property?
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I have a question.I had a property that I was under contract and wanted to flip, after checking the property I decided it wasn't for me.So I decided to wholesale it,The deal actually was pretty good for the right pers...
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I just wanted to share my frustrations on trying to find houses to flip in Atlanta. It seems like they are all gone, or we just aren't in the know. I'm an investment Realtor. I know of deals, but am always searchin...