Ken Wheeler
Frozen in pre-approval limbo
Newbie out of state investor here and hopefully my question makes sense (still learning terminology). After you get pre-approved with a lender, how long are you 'stuck' before you can pull the plug and look in another...
Ben Kniesly
Single family home portfolio equity line
I own a small portfolio of 9 single-family homes and one condo in S Tampa fl. I bought them low and held for 15+ years. Some homes have loans and some don’t. The portfolio has 3M+ in equity.I’m shocked I cannot f...
Alexander Hamilton
DIY Pittsburgh PA Flip Update
Here is a quick update of my current project. I am finishing up a SFR flip in the Upper Lawrenceville neighborhood of Pittsburgh. I purchased this 2bd 1ba for 78k and will be all in for around 145k. Comps are about 22...
Eric Fegan
Can you 1031 with an owner Carryback 2nd Mortgage
Does anyone know if you can complete a 1031 exchange if you sell a property but carry back a small second mortgage?
For example, if you sell a property for $1mm and receive $900k in cash and carry a second mortgage f...
Jimmy NA
Prospecting Lawyers
I have been advised repeatedly, that a substantial amount of sales come through connections to lawyers. Do you think it is of value to write a letter introducing myself to local attorneys in my market? Here is some...
Logan Masseth
Cleveland or Indianapolis
Hey I’m looking into two markets and I’m having a hard time deciding between them. Any advice?I’m looking for something relatively turnkey that can cash flow strong. I don’t need appreciation right now. Looking to do ...
Annette Hibbler
Should You Go It Alone? Consider the risks.
I was trolling through real estate sites such as Homes.com and Realty Trak. There is so much opportunity out there. Because I'm primarily interested in Michigan I limited my search in that area.
There were loads ...
Brandon Tran
Forced to buy a SFH over a MFH as first investment?
Hi,I'm looking to buy my first property in Charlotte NC, the market here is so hot that a lot of multi-family properties are getting scooped up for way better offers than I can offer. A lot of MFH are going for 500k+ ...
Kai R.
Investment Banker Turned Real Estate Investor in Atlanta
I've spent a lot of time on BP, which has been SO valuable in terms of its resources (thank you!). Now that my corporation is established and I have the gaps in my foundation filled, I thought it'd be great to introdu...
Barima Opong-Owusu
Marketing a wholesale deal prior to having it under contract
Hi I'm a new wholesaler working on a deal where the property has an ARV of $100K and I discussed with the owner getting the property at $45K. This leaves a lot of room for my spread and repairs because the property i...