Kyle Ferguson
In need of some advice (beginner trying to start)
Hi Guys,I'm in desperate need of some advice here. I'm a prospective investor and I've been studying real estate for probably 3 months now. From everything I've read or listened to everyone's biggest piece of advice i...
Max Garcia Jr
Rehabbers: How important is the %70 Rule to you?
I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
Matu Ambaye
First deal Advice, and need assistance in how to evaluate.
Good evening everyone,
I would love your advice. I'm still fairly new into investing, and I have not done any deal yet, but educating myself for the past 7 months reading, studios, videos etc..., and I listen to the...
Jake Turner
Trying to start my first real estate investmnet
Hello,I have been interested in becoming a real estate investor for a few years now, and I am ready to get it started. Does anyone have or prefer any whole sellers in the Atlanta area? Also, I'll take any tips and tri...
Account Closed
Has anyone purposefully overpaid?
Has anyone encountered a scenario where it made sense to overpay? Sounds strange, but let me explain with a hypothetical situation.- Large MF property is for sale (several million dollars).- The property is in decent ...
Shawn Lowery
My "First-ish" Flip - Success!
In 2006 I graduated with my MBA from Villanova University, ready to take the world by storm, scoop up my next pay raise at my 9-5 finance job and gain clarity in life only an MBA degree could provide. 2 weeks later I...
Maarifa Arnett
Bad neighborhood, Bad house, should I?
Another dilapidated property that my family owns in Memphis that they have stopped paying on. The back tax is around 5k. The house looks like this My family said if I pay back tax the house is mine. I would do most of...
DeWitt Gibson
Fannie Mae tightens lending standards on Investment Homes
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
Kahanu Noa
Purchasing a vacation rental as an investment
Hey BP,
To those that are seasoned in buying vacation rentals as an investment, could you share your experience? How is deal analysis and financing conducted on vacation rentals?
Living in Hawaii, my relative liv...
Rich Pritzker
Should I sell or rent out my current home?
Folks, Newbie here - so please be a bit soft on me...:-)I own a home (#1) in the Nor-Cal South Bay-Area - which I bought a few years ago, for a little under $800k. Current mtg is $1300. Property tax is ~$900/mo. Add H...