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I am new to fix and flipping, although have been investing in buy and hold properties.Recently, ran into someone who is a landlord wanting to sell his place due to the job he has landed, and decided to accept in a for...
Hey guys,I'm a 23 year old about to buy my first property - 2 Unit (2BR 1Bath each) Multifamily, and I keep going back and forth on if I'll need help managing one side while I live in the other. I realize that it's o...
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Three years ago we bought a dilapidated 130 year old farmhouse that will be completely paid off in a few months. The location is great - there are only six other houses on the semi-rural street that range in price fro...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
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So, I am about to switch jobs, but also hoped to buy another house very soon. Is a 2 year income history all that is expected, or will it matter if switched jobs immediately prior to applying for financing? Thanks!
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Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
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I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the ...
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I entered a cash offer for a REO that was accepted. However, I think i can get a loan pretty easy to fund the deal. Am I obligated to use my own cash for a cash offer or can i get a loan?
sorry if that's a dumb que...
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Are you ready to jump into real estate investing, but don’t believe you can find deals in today’s hot market? In this episode, we sit down with multifamily expert Andrew Cushman, who’s actively doing deals in today’s ...
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Hello! My name is Anna and I have no real estate experience. (Hopefully BP can change that)I spent a lot of my time looking at wealth and income-building strategies from traditional stock market investing but the numb...