My biggest challenge is my DTI. This problem caught up to me faster than I ever thought it would! After acquiring a few properties over a couple of years, my "debts" quickly outpaced my W2 salary. I put that in quotat...
I'm new to the Kansas City, Missouri real estate investment business and am looking for my first deal. I'm open to flip and or rent but am struggling getting my first property. We go to view the home, do the analysis ...
How realistic is it to met 1 million a year as a wholesaler? I was listening to a wholesaling podcast and the guy said he makes six figures a month. Sorry if this is a non-PC question lol, the reason I'm asking is ...
As we look forward to 2023, there appears to be a discrepancy between the perceived tail risk of inflation by some investors and the expectations for inflation as reported by the Federal Reserve Bank of St. Louis. Acc...
Hi everyone,I recently just closed on my first multi-family property in the Chicagoland area. I financed the loan with an FHA 203k loan. I am looking to buy my next property within 8 months and I am trying to understa...
Closing this morning on a Short Sale transaction with two lien holders and an HOA lien that has been over 9 long months of crazy ups and downs. I was already in escrow on this at the BP Summit...that is how long it's...
In my county (outside Tampa FL) there are 4 duplexes in my current price range ( < $350k). As they go onto the market they get under contract pretty quickly. Now that I have my down payment secured I found a few Si...
We have a house that when we bought it, our strategy was to hold it. However, it would also make a nice flip given the market right now. We have done both in the past. The purchase price was $58k. To rent it out, ...
Hello BP!I am about to close on my second MFR. I have some questions as I am pulling a LOC on the properties etc.I have already located a local bank willing to take a second on my current properties. Hopefully will ...
Hi Everyone, this is my first post on the BP forums but I’ve been an advid real estate and financial bookworm the past year and a half. I’ve read a plethora of books by T. Harv Eker, Robert Kiyosaki, Napoleon Hill, Br...