Tony Reyes
East Chicago, IN Flip
Hey BP,
An opportunity has come up for my company to take a commercial "flip" (renovation) of a church in East Chicago, IN.
Normally we focus on Residential renovation/flips in the Chicagoland area (Ill...
Brenden Kanakaole
Has anyone bought property with a MIP(mortgage insurance premium)
I am a newbie and am looking to invest about a 100K and I Spoke an investor/agent and he talked how I'd be able to stretch my money and buy more properties using an MIP purchase I'm just curious how it all works and w...
Christopher Walling
FHA Q: 1 bath-> basement. Good bro?
To stretch the title to proper English, I have an FHA qualified Buyer. Tiny house situation below 800sf. and the only bathroom is located in the basement. When you walk in it, it feels like your in a normal bathroom a...
Alexander Coventry
Sellers Concession, useful or not?
Hey Everyone!
Has anyone taken advantage of a sellers concession in any of their deals? I had this tactic recommended to me to preserve capital for emergencies and rehab. Any thoughts?
Lucas Dubs
Minimum lease period
So I’m looking at buying a house in Orlando(Windermere/winter garden area) with the intent to house hack it. On almost every home I see a minimum lease period. My goal was to rent out my spare rooms on a month to mont...
Zach Kubiak
First time home buyer wanting to “live and flip”
We are looking to start our real estate journey with the “live and flip” strategy in the Metro Detroit area. We have about $15,000 for the down payment and closings costs. Planning on living in this property for 2-5 y...
Jacob Shadix
Material Participation for STRs w/W2
For those working full-time jobs and self-managing rentals, do you qualify for material participation? 500 hours seems like a stretch for those that tend to only spend 30-60 min/week managing their properties.
Bernard Pearson
Cleaning and Staging Service in Northern NJ
Hello BP. I am in the home stretch of a complete top to bottom renovation and in need of a GR8 cleaning company to get the 3D (Dirt, Debris, and Dust) out of the home..... Its everywhere Anyone know of a good clean...
Zak K.
Is a $750k investment property too much for us?
TLDR: $750k house in best part of town on a $140k single person salary, with a $2500 mother-in-law suit and 2 extra airbnb rooms. Am I stretching myself too thin?We currently have $100k equity in an up and coming par...
Noel Peralta
Can I evict and purchasing a new property simultaneously?
Hello Friends,
I'm currently in the processes of evicting a tenant for non-payment of last months rent. I'm concerned that this might slow my investment goals down. I can show my loan officer that I have a lease for...