Korey Harmon
What to look for in a market when house flipping?
I've been reading up on house flipping and have been trying to practice looking for deals on sites like Zillow and Redfin so I know what to look for when I turn 18 and can actually buy them. My problem is I don't know...
Jacob Messer
Fix and Flip off Ralston Ave in Indianapolis
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $169,900
Cash invested: $33,000
Sale price: $257,000
This project was a great wholesale contract provided by Ma...
David Gjeldum
Personal Residence Advice
Hey everyone...
I've been reading all I can get my hands on REI since I was a teenager... Taken a state Real Estate Licensing course and a couple broker courses... but nothing has "fed my appetite" like BP!
I am loo...
Jim Froehlich
Multiple Lot Collateral for Construction Loans or Subordination?
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...
Garreton Smith
Courthouse Auction& BRRR w Hard Money
Hey Bigger Pocket Family, So I have a question I'm looking to buy a property through the Court House auction in my neighborhood. Now I have enough cash to put down the deposit to secure the winning bid. But I don't ha...
Derek Tellier
Things are beggining to fall into place
Still about 5-6 weeks, best case, till my Divorce is final but things are coming together. Been keeping my eye on a few properties which will likely be gone but today I was talking to my boss, the owner of the company...
Sam Hudacek
Pulling equity out of vehicle to use on property down payment?
Hey BP! I currently own a duplex and a fourplex, both funded via VA loan. Currently, I have little cash and cash out refinancing my properties is not an option. I have a paid off car and recently found a bank that wou...
Monte Blunk
Airbnb vacation rental advice
We own a townhouse in Park City, UT and have been self managing it for the last 3 years. It rents out during the winter months fairly easily but has very little traffic during the spring, summer and fall. What sites...
Anthony Butcher
Financing with no money in reserve
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
Erik Gladish
How can this Deal Make Sense
Hello Smart Money!I have a seller who has an off market property and she would consider owner finance and a creative strategy. She bought thr property 3/9/22 for $999,000Has a $590,000 MortgageThe property has a sepe...