Juan Pablo Murillo
Title - LLC transfer
My business partner and I are buying a rental property (2bd/1ba) in Michigan. We’ve also formed an LLC in the same state. We’ve been preapproved for conventional financing. Because our LLC is new, we’re using personal...
Don Nelson
Can't make the numbers work
So I've been analyzing properties for more than a week. I've built an impressive spreadsheet that accounts for just about everything, and it's remarkable how accurate the 50% rule is in general. Bottom line is this....
Jim Cran
Investing in Cleveland
Hello BP Cleveland, OH community! My wife and I are in the middle of flipping house #5 and so far, so good (knock on wood)! We've purchased most from a RE agent/friend off the MLS to date which has been profitable but...
Patrick Howell
Owner Financing vs. Renting
My wife and I are looking to acquire our 2nd investment property. We purchased our first investment property (rental) about a year ago with the goal of holding everything we acquire long term to supplement our retire...
Tim Shin
Is this a good deal? Houston House-Hacking a 2/2 Duplex Help!
Hi All,My wife and I are going to see several duplexes in near Emancipation Park and TSU in an area that is being developed.There are duplexes that don't seem to need much help besides a kitchen renovation and some ad...
Cody H.
starting out using home equity - sell or rent my current house?
I’m a 37 yr old IT professional, husband and father of two, looking to get into real estate as a long-term investment. I’ve done a flip in the past and it was profitable, but my thoughts keep gravitating toward rental...
Jason Waldo
Payoff mortgages or not
I have two rental properties in Missouri. Both with a mortgage. One of them has $25k left on it and the other one has $90k on it. If I pay them off in the next few years I would be cash flowing right around $1,800/mon...
Sarah Hansen
Creating a business plan
Hey folks!I'm new to investing. But I'm looking at getting very serious about it. I've been doing a lot of research in various types of investments and areas. I'm currently living in WA state and my house has gone fro...
Andrew Farmer
Making offers on seller carry back
So far all of my deals have been low all-cash offers. I want to start making Sub 2 and seller finance offers. When you make offers for seller carry back, what can you offer to pay them monthly? I've talked to people w...
Pierre M.
Is this a deal?
I'm putting my first offer on an investment property ever. This is a duplex currently listed for $149,900. Took a look at one unit today and it appeared to be in great shape. The other was not available. Based on ...