Hi BP members, Can you tell me if an option period is something that is common when buying through a wholesaler? Thank you in advance!Nhi
Hey BP members!I was wondering if you have to get vacancy insurance for the few months while rehabbing a property if you plan on flipping. Also if you plan on BRRRR a property, would you get vacancy insurance while yo...
i have been doing a direct mail campaign to people and have not recieved one call where it sounds like it has potential. so far i have sent out 200 letters and recieved 36 calls back and 99.5% of them have been all d...
Hello!I'm looking to get pre-approved for a conventional mortgage and wanted to start by comparing lenders based on the interest rates, points, fees, etc. they're offering. A few questions came to mind as I started to...
Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
My business partner and I have been investing in real estate for about 2 years now. So we are still fairly new to certain investments. We have primarily bought single family homes build around 1950-60's. However we h...
I am looking for cloud-based software to manage about 18 units. I used the trial version of TrueRent and was going to stick with it, but they are not returning my emails with a question, so not sure about using them i...
Hi everyone,I have a question for those of you that own properties and track your net worth on a monthly/quarterly/annual basis. What is your process for re-valuing properties as the appreciate in value or suffer val...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $69,000
Cash invested: $18,000
Intended as my first flip, but was limited in my selling price by FHA for a 3 month ...