Hello All BP Members, I've got plans on doing some fix & flip in Desert Areas, CA. Especially in Palm Desert. But also neighborhoods such as Rancho Mirage, La Quinta, Indio, Indian Wells, Coachella Valley...
Just a quick background:I'm originally from New Bedford, MA but moved to Virginia last year for a government job opportunity. It wasn't until I moved and picked up Brandon's The Book on Rental Property Investing that ...
Hello BP!
Found a duplex in Centerton, Ar that is going to provide $488 cash flow/$244 per door with 20% down. The property is currently vacant. I have two questions:- Is it beneficial to invest in a vacant property?...
Hello,I’m thinking of getting hard money to finance a real estate deal (Purchase - Rehab - Rent).It’s not a flip, it will be a rental property.I understand the interest rate is higher so more money to service the loan...
I purchased a single family home from a good friend of mine in the middle of the year this year. I ran comps and I should have enough for 15% down on an investment property based on the equity that I have on the house...
Hi fellow members, I read the BRRRR strategy that when you buy, you should always borrow short term loan with hard money, and then refinance it with longer term loan. But why can't you start with 30 year loan and then...
I want to get into real estate ASAP so I am looking for deals to put together to present to some private lenders (family members). Do you all have any tips I can use when gathering and presenting my deal??
Hello All,I know there are several posts here on BiggerPockets regarding treatment of primary residence vs. investment property but this question applies to my specific situation. We are looking to purchase a rehab, ...
We purchased an REO property for $201,000 after the bank asked $273,000 (I Guess it is true the saying "in real estate you make money when you buy").The house had close to $400,000 in code violations and municipality ...
I have just bought my neighbors house and am renting out our old house next door. I’ve tried searching for people who have been neighbors to their tenant but haven’t seen anything yet.If you have experience in this I’...