Jerryll Noorden
700K wholesale deal?
Hi everyone.What do you all think about expensive houses wholesale deals?Let's say you get a 1M house under contract for about 700KAre there cash buyers out there that pay 700K in cash? Is this realistic? Thank you as...
James McClincy
Mortgage Wrap question?
A friend gave me a lead on a property. Basically an older lady became cat lady and hoarder lady. Family finally moved mom out of the house and they are looking to sell. I haven't seen the house yet but from what I ...
Amar Amar
Myrtle Beach - Beach front condos
Hello everyone!
Any thoughts on buying beachfront condo in Myrtle Beach for rental ? Of course, I will go through rental calculator but wanted to know your opinions or experience. Is it worth if I am buying just one ...
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
How would you refinance an investment property in Texas?One of my investment properties in El Paso is a SFH currently renting for $1,100. After my P.M. costs I collect $940 or so/month. The balance on my bridge loan i...
Joshua Cochrane
What would you do if you were in my shoes
Hi everyone,
Quick background on me. I am senior in college graduating this coming May and have secured an insanely high paying tech job in the DC area working for a big tech company making a total compensation(base ...
Thea Linkfield
Appreciation, 50% Rule, 2% Rule, or a Mixture?
I'm looking at buy-and-hold properties in Jacksonville Beach trying to determine if certain properties are worth looking into more. I've been reading about the 2% Rule and 50% Rule, both of which seem pretty unattaina...
Jon Klaus
Goals--what is your targeted investment growth rate?
There are various ways to measure return, so let's look at annual percentage growth of net worth.
What is your target for growing your worth each year?
How are you doing vs. your goal?
Is this an important meas...
Jon Maroni
Should I Cash out Refi?
Hi BP community. My wife and I are considering a cash out refinance of our first rental we purchased in 2014 in order to help us purchase an additional property, I'm Looking for advice. Here is what the mortgage on th...
Dustan Marshall
how to keep track of net worth
After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...
Zac Boelkow
Should I finance or pay cash on a duplex
I am buying a duplex. I am in contract presently. My question is should I pay cash or finance... Purchase price is $147,500. I am assuming interest rates are around 4% in todays market and if I finance I would put 20%...