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Hey BP,
So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...
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I have notice that many (majority) banks don’t like to lend on a property less than 75k. If that’s the case what happens to those that try to purchase properties that are less than 75k? For example in markets like: De...
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Some investors want to know the sequence of questions to ask a prospect I’ll never ask their name or house address until they qualify themselves as a prospect at the minimum amount of 85% of as is value. this is the...
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We are in the process of getting another DSCR loan. What do you all think are the pro's and con's of a 5 yr ppp in the mid 5% range vs 3 yr ppp in the mid 6% range. I'm getting mixed signals about paying pts from lend...
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Hey guys, i just want to know if its too risky to ever pay off your mortage. I’ve been lots of research on this topic because all i want to do is own 5 paid off rentals and retire early. That is my goal but i have rea...
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Just needed to blow some steam off in the group.All 7 of my accepted offers have fallen apart at the inspection phase.Each time we find an expensive problem in the inspection and the seller is not willing to make conc...
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We submitted an offer on a quadraplex in NC and it was tentatively accepted. The sticking point right now is the due diligence fee. I'm not accustomed to such a fee and I'm uncomfortable with a non-refundable fee. Her...
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I have spoken with several of you by email and phone the last couple of weeks about Gatlinburg investing and the increasingly imminent recession. I decided to write a blog post on the subject today. Feel free to che...
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I have been lurking around this site for a couple of years now. In 2020 my wife and I were seriously considering doing a STR. We picked Nashville as the market we wanted to pursue. Long story short, the market was ...
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Actually started this venture about 3 years ago. I might get some activities out of time sequence. Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...