Robert Kohnfelder
Converting 3 BR into 5 BR: Pros vs. Cons?
Hey All,
My most recent purchase is a property that needed (needs) a lot of work. We are in the process of rehabbing the house in order to rent it out this summer, and then hope to refinance later this year in orde...
Geary Crawford
Refinancing after HML on buy and hold property
Hello,I am new on BP, but I have already learned a lot just from reading different things over the past couple of days. This website is a wealth of knowledge, and I really appreciate all of you who are willing to help...
Pretty Khare
Should I remodel my bathroom?
I bought my primary single-family residence a couple of months ago. There is a master bathroom designs that my wife and I really like. It will need shower and floor tile replacement, new plumbing fixtures, and the new...
Nathan Coldsmith
LOST FIRST FLIP OPPORTUNITY DUE TO FRAUD
hello all,My first flip opportunity was a bank foreclosure listed at 54.9k the ARV for the property is at 160k-170k. Through legal documentation that was turned in by my realtor, I placed a bid at 90k. A couple weeks ...
Jordan Williams
40K Profit Deal In Texas
Hey BP Family!I just wanted to share with you a quick story of a successful deal we recently closed. I hope this will inspire someone to take the next step into starting to invest in real estate. I know the beginning ...
Nate Huber
Opinions about Under-Appraised House
Hi all,
I'm a first-time home buyer. I found a home in a Charlotte suburb, Cornelius NC. We love the home and fits well what we want both home and location-wise. The issue is that the house under-appraised by $5,000....
AJ Wong
How to refinance a seller financed mortgage or property
Oregon has been a fun state to invest. Lots of prime real estate and interesting/unique properties and opportunities and plenty of sellers with a low capital base, willing to owner finance on homes and land. I've purc...
Ray Pope
Questions about BRRRR!
Buy. Rehab. Rent. Refinance. Repeat.
Can someone please explain what the benefit of the refinance is? Is that simply to see what the new value of the property is after you have fixed it up, or does it give you actual...
Paul Spangler
Should I get an interest only mortgage and invest the principal?
I was talking with my boss recently about our mortgages, and I wanted to see if anyone else has done this.I just bought my personal residence and have a 30 year loan for $322k at 4.65%. He suggested that I get an int...
Joe Colasuonno
Question for Seasoned Sheriff Sale Investors
There is a house I am looking to purchase at a sheriff sale in NJ. The ARV of the home is approximately $700k. The property has 3 mortgages against it. It has a first from 20 years ago who's face value was original...