My wife and I own 6 properties with an average of 50% equity. We have 2 residential properties in high traffic vacation rental destinations that we Airbnb. We own 2 commercial building that we lease out for a profit,...
If you want to see the monthly income of 3x the rental amount (or whatever your standards happen to be) do you ask what they owe and have monthly payments on? Obviously if their income is already "spoken for" and the...
I know this is personal for everyone but I'd like to share where I am. My wife and I have good jobs and we do have $80k in debt (not good debt but bad debt). We have leftover around $3,200/ month and we currently have...
Hello BP Family
I just started reading Jay Scott's book-on-flipping houses! I'm only on chapter 3. Day 1 of my new investment strategy!
I've done the years of side-line dreaming, while educating myself and getting over the fear of jumping in. I am ready to start with multi-family BRRR. Actively searching for a deal that works and getting lenders in ...
Hey there, so after a couple months of researching I've decided to target absentee owners by direct mail campaigns to start my wholesale business. I was wondering how many leads I would need to get 1 deal within 2-...
I got pre-approval for a construction loan for 8% qualifying rate (not final). What is the current going rate these days ?How much is too much ?
I'm not sure how "creative" this is, but is there anyone out there doing HELOCs on duplex's? I have a great property paid off and I'm looking to grab some equity for the next deal. I've heard a few no's on my first ro...
Some one who is willing to loan me money has an annuity, but is unsure how much int they are earning. I obviously would be paying a higher interest then she is earning. Lets say she had $29484.00 at the start of t...
Hi all. Hope you're doing well.
I put a bid on a Homepath property yesterday at 10% below asking. I've been doing some research and it seems the typical process is they will counter with a reduction in aski...