I'm about to buy a wholesale FSBO in Texas for a flip and I'm not coming with a realtor either. Negotiated the price down since the seller wouldn't have to pay any BAC. This is the first time that I've taken this appr...
I would like to start investing in real estate as soon as possible, but I am not exactly sure where I should begin. Here is some background information on my situationGoing into 3rd and final year of law school at UGA...
Good morning. Has anyone purchased a property using a homepath mortgage? I know the basics & have scrolled through their website. Can you put as low as 5% down if your not planning on occupying? If any members hav...
Hello BP,I am house hacking a single family and living in the basement. I hired a PM for the top unit, and they are requesting my social to report my rent income so it can be taxed. Since I am house hacking and this i...
My first STR cash flows. The second STR is not cash flowing. It’s taking the profits from the first STR to pay the bills. Question- Do I sell the under performing STR? And reinvest in something else? Or ride this...
Hello BP. Been listening to the podcast for a longtime and new to the thread. Been reading a lot of books, doing a lot of homework and I have some questions. I'd like to preface these by saying that I'm in the Chicago...
In the *rare* event a mortgage is called due on sale by the lender, typically the options are to 1. refinance, or 2 cut a check for the remaining balance of the loan, correct? #2 isn't really an optionIn the eventuali...
I’m new to real estate and haven’t really researched anything but being a real estate agent. Is that the right place to start as a beginner, getting a real estate license and going from there or is there another route...
What is everyones take on buying a big vs small first time rental property. the goal would be for cash flow. Say you have a dedicated amount of money to invest and that can get you a few smaller unit rentals or you ca...
Hi - I just purchased a single family home sitting in a multi family zoned lot. What would be the Steps to make this home a legal 2 family. I'm looking to build a 1 bedroom apt and live in the front part of the home....