Sean Cassidy
Numbers look good, gut still feels wrong
I'm looking at a deal here. It's a 3 unit, one of them is gutted, the other 2 are ok. It's a C building for sure, but in a decent area. It could be quite nice with some effort, and it already has cash flow from the re...
Tom Shine
Buying foreclosure
If a house is foreclosure and owner is upside down can I offer a short sale to bank?
House is worth around 260k to 280k fixed up. It is in need of repair 15 to 20k. What would be a reasonable offer? I would like to wh...
Rick Fonseca
Starting out with only 15k
About two weeks ago I asked for advice on how to begin in the Real Estate business with only 15k.Thank you for your great advice. I have taken to heart all of this information provided here in BP along with all of the...
Lauren Dwyer
New member Intro - Colorado
Hi Everyone, my name is Lauren Dwyer. I am an Asset Manager for LIHTC investments during my 9-5, however, working towards building an investment portfolio of my own. My husband @Patrick Dwyer and I are interested in ...
Laura C.
HELP! Need to sell Flipped Home
I just completed my first flip . . . yay!! The property is located in the Inland Empire, San Bernardino area. I am looking for creative solutions to get it off my books. Short story: It was my first property. I made s...
Alexander Lommel
A low appraisal threatening to scuttle a deal.
So, we're in contract on a property. The asking price was 565,000 and we're in contract for $555,000. The appraisal just came back $91,000 below original asking at 474,000. The seller doesn't have a lot of equity in t...
Lawrence Paul
New Applicant makes 2.5x rental income - Q's?
Hello again,Curious if this tenant seems reasonable to you:Rental on property is 1245/mo with tenant paying electric and gas.Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.Hus...
Branden Newman
First deal. Need advice
Hello BP. I've been on here learning for about a year now, and finally have my first deal within reach. I've analysed countless properties and was afraid of never actually pulling the trigger on my first deal so I s...
Chris Montalvo
Investor friendly title company’s in New Jersey?
Hi my name is Chris Montalvo, I will be getting my first home under contract in a couple days and I’m actually very anxious about this deal, but I’m looking for a wholesale friendly title company in New Jersey that a...
Roschelle McCoy
How would you structure this duplex deal?
I've found a duplex that has good (but not great) potential cash flow. I don't have the 20% to put down that my broker needs, so trying to figure out if there's a better way to structure this to make it work for me a...