So I have a bit of a dilemma without even begining my great REI career. Just a bit about me:
I earn an above avg income
Owe 245k on my personal residence (married 3 kids). No other debt.
My long t...
For someone who is a newbie like me, how does one finance the very first deal without much Capital? How did you all finance your very first deal? And was it a success?
Hey guys, this is my first post on BP. I really enjoy spending time on this website, its filled with tons of good info and resources.
Currently, I have 6 units with my dad. I'm 22 yrs old, work full-time and invest o...
Hello everyone, Since Mid 2015 I was educating myself on how to obtain stressed, cheap, ugly SFR to fixing them up, rent them, refinancing and do it again – that was my plan for 2016. However, on the last week of Dec...
I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly...
Hello Everyone,This is my first post on BP.A little background, I just graduated this past June and want to get into real estate investing as early as I can.I live in California, but I don’t think it’s a good idea to ...
Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach. He and I have had conversations about my desire to own rental properties and have discussed me purchasing...
Hey everyone, this is a long description so please bear with me, but I’m reaching out because I want to know if you think I’m being unreasonable, and if this is a deal you would consider as an owner.Description of my ...
Folks,I am a private lender, mainly for residential flips, and it kills me to turn away the vast majority of my applicants because they don't have the upfront cash to qualify for my loans. I require them to have subst...
What is your best method, tool, resource for finding deals in todays climate? One of the biggest challenges I hear today from investors is finding deals (the right deals), what are you doing to overcome this hurdle?