I am wanting to start rei and I find myself with poor 600fico. I just had some hard times with my mortgage but got that back on track and now want to be ready to buy more properties in the next year or so. I say a yea...

Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...

Investment Info:

Single-family residence fix & flip investment in Laurel.

Purchase price: $375,000

Cash invested: $85,000

Sale price: $585,000

foreclosure bought at auction that had moldy and...

Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...

HelloI am looking into purchasing a STR in Orlando/Davenport area, just beginning my research.  Do anyone think this is a saturated market and a bad idea at this time or is it still growing?

I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.

I have offered a variety o...

I always tell people when you lose a tenant in your single-family rental, you are 100% vacant, and when you lose one tenant in your 100 unit complex, you are 1% vacant. I was reminded of the power of diversification b...

We just finished our first flip the first part of October.  The day we listed it with a realtor, we got a full priced offer of 149,900, and we agreed to pay 5000$ towards closing.  We thought we could potentially get ...

Hey BP,I want to wholesale using subject-to financing. The goal is to get the properties subject-to, then use a wrap mortgage to sell to a buyer (at a higher rate than the origninal mortgage being taken over subject-t...

Hi there,

A co-worker with some single-family rentals has asked whether I would like to purchase a package of 4 of them, 3 currently with tenants and one nearly ready to rent. These are 90 minutes away from w...