Hi BP friends!We have a family (2 parents + 1 kid) who are renting from one of our SFRs. Their lease is currently expected to end in mid-May but they are also building a house (we knew this coming into the lease) whi...
Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...
How do you estimate rehab costs and time? Do you roughly estimate or get very detailed? Do you leave it up to a contractor or handyman? How about if you do most of the work yourself?Do you add a certain percentage to ...
Background: This week I'm planning on putting an offer down on my first commercial property, I only own one other rental (residential).1. The asking price is $370,000, it was recently sold 2 years ago for $350,000. Th...
Hello,
I am Antony F. Munoz from Portland Oregon and I am new to Real Estate Investing. I am working on creating my investing plan/strategy, and aim to create generational wealth as soon as possible. I live rent-free...
Buyer purchases subject-to and bank calls sale. Is it the responsibility of the buyer to pay the balance of the mortgage or the seller? If the buyer can't pay, does it then become the sellers responsibility? Can the ...
Hello!
I am currently under control on a duplex in Arizona and I came across information that I am concerned about. The property was originally a single family home converted to be a duplex and was never permitted to...
Alrighty everybody, I’ve purchased my 4th property at foreclosure auction and I’ve run into the dreaded situation…the occupant won’t leave.I posted my 7 day notice to vacate (alabama), and I’m going to file a complain...
I just finished a successful BRRRR and refinanced the property at 65% of the appraisal. I have done this on a chunk of my properties and some are financed even lower than 65%. My bank would allow me to refinance up to...
I am an real estate investor and built a decent (and growing) portfolio over the last couple of years. However, I am also an immigrant on visa.I am not from one of the seven banned countries, but in the new world ther...