Hello everyone,
Hope you all had a great New Year! I have a question and would really appreciate your input.
I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that th...

Hey BP! I always here of having a negative cash flow is bad. But I have an example for you.

What if you buy a single family home when the market crashes for $120,000. You put 20% down. Your mortgage interest is 5% a...

Hi everyone.My first time writing a post here in BP, Im from Chile (South America).I need some help on my BRRRR because i got stuck in latelly change of conditions.I auction a condo on december 2020. I pay (all in) ar...

Hi All, I recently purchased another rental property and planning the rehab now. I expect to pay around $40,000 to $50,000 in expenses. I wanted to creatively finance this and take advantage of any cash back/rewards. ...

 Hey guys, what would you do if you had 50 K cash? 1)  Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)2)  Buy a 250k multi family that brings you 1k per month i...

I may have a deal with a short sale.  I can run the numbers, but what happens to the current owners when they do a short sale?  Will there be any long lasting negative effects to their credit?  Anything else negative ...

Hello all, I'm a newbie who just signed up looking for some financial advice.I'm a single person, aged 43, who recently bought a new home in the CA Bay Area putting 20% down left with a mortgage of 720K. My mortgage p...

Hi All, 
Looking at this 6 units multifamily in CT, currently listed at $1.495M, trying to see if offering 1.25M is doable with the below assumptions. Made this rent roll pro forma w NOI, would appreciate any insight...

Scenario -- seller has foreclosure sale date in a few days and they are 25K behind. Their payments are $1650 per mo. I was thinking of bringing them current, taking over the payments, and keeping them in the house, un...

Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...