I own a rental house here in the small hot springs town of Truth or Consequences as well as taking care of a 4-plex of nice apartments across from the golf course. I am also a Wedding Officiant and own an online reta...
So it seems we're at a point of getting the 5 mortgage is becoming hard to do. We have excellent credit, rental income we file on taxes, etc. It seems to be very difficult with getting to that next mortgage with the...
On the BRRRR Report, I see that the 2% Rule under the Financial Info section is a percentage. How is this calculated?My understanding was that the 2% rule was equal to 2% of costs. So, how can the result itself be a p...
Hello all! I'm new to the BP community as well as real estate investing. I currently reside in the Denver, CO area, but am originally from KC (Johnson County specifically). Given the current state of real estate here ...
Hi I was wondering if I have an fha loan already if I wanted to do a brrrr deal next year can I use a 203k loan or is hard money better or only option?
When sending an unsolicited purchase offer to a park owner, how can I calculate a good offering price while being sure I get a good cap rate when I don't have any property income & expense information? Please help.
Looking at a fourplex. Below is the deal so far.It's in a decent neighborhood and has a new roof this year. Cash flow is more important than Appreciation, but the neighborhood will not go down in value. It's a pretty ...
I found an off market house for sale for $55k. The owner said she would consider owner financing or lase purchase, but I need to make an offer including that. I have the money and credit to get a traditional mortgage,...
I’m new into real estate currently seeking my first real estate property where I live over in east Texas. Im interested in house hacking and I’m trying to pull together as many leads/ways to find on-market/off-market ...
Hi BP,I haven't conducted my first deal yet but, I am looking for ways to increase my monthly cash flow and reduce my Income to Debt Ratio. As a result, I wanted to take on a second job as a way to obtain real-world r...