Patrick Benjamin
First Fix and Flip (Mesa, Arizona)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $214,830
Cash invested: $60,000
Sale price: $307,500
1700 Sqft 4 Bedroom / 2 bath that we converted into a 3 Be...
Ashley Toombs
Investing while on severance pay
My company is offering 52 weeks of severance pay and benefits and this would be an amazing time to launch a true real estate business. We have one condo currently. I have been told by my mortgage broker it would be di...
Rob Terpilowski
Best practices for getting bids on a potential property
Hello BP,I am looking at a number of distressed properties to potentially purchase and rehab, and am wondering what is the accepted practice for getting bids on the property, as far as what point in the process do you...
Brandon Johnson
FHA 3-4 unit difficulties.
Can anyone name a lender that will allow a 3.5% down FHA on a 3-4 units property?The last two lenders I've sat down with have given the okay for a 2 unit property, but both state that that I cannot do an FHA for a 3-4...
Jeremy M.
Background and credit check on British citizens
Hi there - first time poster here (and about to be 1st time landlord). Looking for advice from the collective gurus here on how to go about conducting a background and/or credit check on British citizens as part of a...
Michael H.
My 1st Flip was a huge success
I've been absent from the forums for a while as I just finished up my 1st flip. I closed 6-20-16 and accepted 1 of 14 offers this morning after 4 days on the marketPurchase price - $65,500rehab and holding costs - $38...
Donald Hendricks
Would You Rent to Tenant who...
Is not currently employed, but has $130,000+ cash on hand, has excellent credit, no evictions, no judgements, owns two rental properties and just sold their primary residence and moved to a new area for a pending job?...
Jason Malabute
life decision advice
Hi All,I need some serious advice. I am a CPA in Los Angeles . I want to transition out of accounting/tax ASAP! I just want to focus on real estate investing.My original plan was to stick in it until the end of the y...
Lance H.
Business Options
Hey Everyone,
I have spent the last several months putting together the infrastructure to start a property management company, including getting RE Broker license, starting a S-Corp and designing a website. ...
Ryan Combs
BP & REI Newcomer Looking for Career Advice
What's going on BP crew?! I will try my best to keep this post brief but I would love for folks to chime in.
The situation: My name is Ryan Combs and I recently moved back to where I was born and raised (Vallejo, CA...