James C.
How To Know If Lender Is Legit?
Hey BP, So I've been trying to get in real estate in the past year, but HML in my area (Philadelphia) have a lot of upfront cost plus fees just to purchase a property. Some are even requesting 20k just to purchase an...
Nic S.
Buy or pass? Duplex in KC
I'm under contract on a Duplex in a B+ neighborhood in suburbs of KC. This is a buy and hold property. My RE criteria is $200/door + 12% CoC. During the inspection we found significant CapEx items that need to be repl...
Cooper Weisbach
3-Unit Phoenix, AZ Property Analysis
Hey Everyone! My name is Cooper Weisbach.
The property I'm looking to get involved in is a 6-bed tri-plex out in Phoenix. The property is listed for $305,000 but has been on the market for about a month and was origi...
Curtis Lewis
Does Appreciation Add to Equity in a Refinance?
Let's say I buy a home for 100k with a 20k down payment. A year later that same home is now worth 150k and I have since put 10k into the principle on the loan.Would I now have 80k in equity?If i refinanced, would i be...
Devin Mann
Best way to wake up early?
Ive been in real estate for 2 years now, im 22 years old. One of my biggest life changing goals would be to start waking up at 5:00 am, but it is very very hard. i had it as a goal last year, but i didnt have my mind ...
Douglas Gratz
Buying with Mortgage vs Cash?
Hello friends , hope all is well during these wild times.I’ll try to keep it short . When I started I refinance all 8 of my properties . I would pay cash then 6 months later refi .Now, however I have cash flow and mon...
Mark Petrik
Lazy Millionaire System
Hello BP!! Does anyone have any insight on the Lazy Millionaire System? Good .. Or BadThanks Mark
Nick O'Donnell
How to buy through owner financing
I understand the process of buying owner financing, but not sure how to offer, negotiate and close a deal. My goal is to acquire real estate with little or no money, then use the property to yield positive cash flow t...
Ned J.
Possible first MFR offer
Considering exploring my first offer on a 9 plex MFR deal..... haven't contacting the owner yet....just trying to be prepared when I do.....its a Craigslist, no agent ad- older couple retiring and cashing out their re...
Jennifer Alcide
Response to "Why do you need to know that?" or "What difference does it make?"
Hello,
I'm a new investor who is targeting absentee owners for wholesaling. When I receive a phone call, and I begin to qualify them, one of the questions I ask is "is there a mortgage on the house?" The response u...