Thea Linkfield
Appreciation, 50% Rule, 2% Rule, or a Mixture?
I'm looking at buy-and-hold properties in Jacksonville Beach trying to determine if certain properties are worth looking into more. I've been reading about the 2% Rule and 50% Rule, both of which seem pretty unattaina...
Zach Hoereth
The BRRRR method is foolproof! Right?
I wrapped up the week having a conversation with an out of state investor interested in purchasing a few properties that would fit the BRRRR criteria. I have found myself having the same conversation time and time aga...
Account Closed
First Investment Property Guidance
Hello everyone, this is my first post. I am serving in the Armed Forces and currently in the Georgia/Alabama part of the country. I am 23, married, and have no kids. Financially I have little debt to income ratio, ...
Al Bunch
Fractional note sales
Hopefully someone more experienced can help me wrap my head around this.
Unless it makes a difference, my widget in this example will be a stick-built SFR.
Purchase price $10000
Repairs $5000
ARV $25000
10% down $25...
Liam Martin
401K for first real estate investment
Hey BP,I am in the process of buying my first rental property. I live just outside of Boston, MA and plan to buy a property within 30 minutes of my current residence using FHA financing. I found a couple of deals that...
Jeremy H.
Tenant wants to break lease (CA)
I have a tenant who says they are buying a house and must break the 1 year lease and want to move out November 1. (so it's not even 30 day notice! 12 days away?)They have just been here the 4th month. What do you ...
Breonna Mahana
Lenders; Denied on Pre-Approval, no consistency! Why is this?
I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
Alex Get
Is 5.70%, 5/1 arm a good deal to cash out from Rental property?
Your answer might be, it depends on so many factors.Before you give me your opinion, here are some details of the deal, I have few debt free rental houses that i want to cash out to purchase another rental house.in m...
Sean Youngberg
Cashout ReFi options for 1st flip that is not selling
I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Mar Now
Comparing two properties
I have a question about comparing a property I own to one I have the opportunity to buy. I want to evaluate if the second is a better deal, and if so, maybe I will sell the first. I own a SFH worth $350k with no mor...