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I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
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Hello BP community,My husband and I have equity in our home and our rental. We want to expand our portfolio with hopes to be financially free. My husband does not like the idea of getting a HELOC for he thinks it is t...
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I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
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Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
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Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
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Hello all! I’ve recently joined bigger pockets and have been reading everything I can get my hands on. I’ve found myself inadvertently in real estate investment. Although I may not have intended to get into it, my hus...
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If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
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I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
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Hello Atlanta / Decatur folks. So I am closing on the purchase of my first property tomorrow. After considering this property for weeks I still can't decide whether to A. flip the property straightawayB. rent the pr...
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Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.Any cons to using the 203k Loan? Is there a typical time/length of project?Familiar with FHA loan b...