I'm currently involved in my first flip. Doing a live in flip to negate the necessity to use private money, and to really take the time to learn the process. The house is off of Detroit Road in Rocky River, right befo...

So I have a home that I am wanting to owner finance to a neighbor. The deal is good, 15k over the appraised value is the sales price (130k). The neighbor will put 15k down and then pay 12% on a 20 year note. The is...

My investing partner and I just acquired a fantastic bank owned property in North Miami Beach. Waterfront with a beautiful view and a large pool. We purchased it for $629,000, but instead of wholesaling the deal, we a...

Hi BP! This site gives great advice and I could sure use some. I'm going to be selling my house soon and looking for best way to reinvest the money elsewhere, probably in Idaho. We currently live in socal and its to e...

I’m trying to find out more information of the market for flipping and rehabbing properties in the Dover area. All the work I’ve had quoted on my personal property and rental have all come back with outrageous prices....

http://www.usatoday.com/story/money/business/2012/10/09/house-flipping-revival/1622429/

The article states the average flip is around $29,000 in profit, but I did find it strange that in markets that the median house...

On another forum, someone argued that buying just one property was a bad idea, stating that it will "drain me" and that you need multiple properties to be successful. I told him that if any one property can't be profi...

Conservative ARV: $29,488
Rent: $500
Repair Cost For Rent Ready: $6,000

Negotiated to $12.5k "lowest they will accept"
Would consider terms at $5k down (asked for 0 down but stated $5k was minimum they ...

Something I do not fully understand is people saying they buy a house for 100k, fix it up for 40k, refinance with appraisal where house is work 160k, and then they claim they pocket 20k? This concept does not very wel...

I am a newbie REI and trying to buy my first multi-unit investment property. What are some examples of a good and great cap rate in metro Los Angeles area? Looking forward to learn from you serious investors here Thanks