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Results (1108)
Jorge Magana 1st Success in Seminole County FL
7 June 2016 | 50 replies

Hi All,My business partner and I have successfully Bought, Rehabbed, and Rented our first property with a 18.3% Cash on Cash return.  This is a huge success for us being our first time now all we have to do is refinan...

Yuqing Xiong Does renting out a property cover the expenses?
28 February 2024 | 12 replies

I was wondering how the finances work for buying a property and renting it out. When I do the math on renting out a property, like in Texas, for a 1 bed and bath and compare it to the median rent for the area, the ren...

Mary Jay Will Midwest towns become obsolete?
1 August 2018 | 16 replies

Those of you guys who invest in small towns in Midwest...Do you think those small towns will become obsolete? There are  a lot of ghost towns here in Arizona, that are 1 hr away from Phoenix... And that is 1 hour away...

Robert Shearer Using Credit Cards As Additional Capital
20 November 2014 | 8 replies

Hello BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...

Ben Kirchner Rental income requirements recognition for conventional loan
5 September 2017 | 8 replies

I have talked with 3 different traditional mortgage brokers. I have been told different things with proceeding with a conventional loan through them. I'm in North Carolina, and purchasing a a home in this state.- Le...

Drew Petro Car Wash Asset - What Am I Missing
14 June 2021 | 11 replies

Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...

Mike Chira Taxes on fix and flips
26 February 2020 | 18 replies

Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab. 
My end goal is to buy and hold multi fam...

Nicholas Elliott Newbie looking into 4-family for first deal
11 January 2015 | 13 replies

Hey everyone.  I'm thinking about pulling the trigger on a 4-family in the Cincinnati area as my first REI deal and was hoping to run it past a few of the more experienced investors here on BP.  I would be purchasing ...

Daniel Dietz Pledging/Assignment of Collateral???
25 February 2014 | 8 replies

Hi,

I have talked to my banker a bit more in regards to a couple of properties I have looked at, analysed, and am interested in making offers on.

For a bit of background, I am short on 'liquid cash'.......