I have been looking at multiple properties and valuing/ analyzing them to get comfortable with the process. I may have a potential good deal on my hands however, I want to know if I should pursue it?
I'm cur...
I’m looking at some options for financing another property, this time a commercial 5-6 unit apartment/house. Currently I have my primary residence and a 4plex that's all rented out in Omaha. Parents paid cash at closi...
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
I have been looking for deals in the central Florida markets for months with no luck. I currently own a triplex and quad in Ocala and would like to buy more. The market, like many, is exploding. Low low inventory m...
I have 10 houses and 10 loans under my name most of them were bought this and last year. Most of them have 30-40% equity. I have spent 10k to 15k into 4 houses to do some improvement. Now I am out of money. I alrea...
After buying a property for 40-50k cash, I'd really like to pull some equity out of the property. Has anyone here found a way to do this that would make sense? Right now the most I can think of would be trying to get ...
Thinking about the 1031 exchange math.So let's say we had a property held over a year. Bought for 100k. Selling for 500k. And the year before selling 100k of cash in capital improvements where made. (Would have sold ...
Hi BP World,I just walked my first property by myself and deciding if I should put in an offer for this space. If you are willing to look at my numbers for my 1st first potential flip, I’d greatly appreciate it. If ...
So after looking into REI for over 3 years, spending on education well over $10k, I think I am finally ready to take on Colorado real estate market. I think what I am is what you would call an extra cautious flipper. ...
Have you ever had a seller pull out of a deal after the appraisal during closing?! The buy was at $109,000 and the property was appraised at $100,000 but the seller was paying 5k for closing. She said that she wasn't ...