Brian Egr
The flip that was an education
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $68,500
Cash invested: $60,000
Sale price: $143,000
This flip went terrible. I spend way to much money on it a...
Eric Skyta
Owner Financing in San Francisco
Hello all I have a unique situation that I am hoping some people would be able to weigh in on. I am moving into a studio apartment in San Francisco. The neighborhood is Nob Hill which is one of the most expensive and ...
Mark Coveny
Mark Coveny’s guide to retiring with a Real Estate side hustle
First things first financial freedom is a marathon, not a sprint. You need to be looking years if not decades into the future and you need the willpower to stay the course over a LONG period of time. In my opinion, th...
Nick Coons
Rental Property With No Money Down?
I'm curious about what others think of this as a viable strategy. Essentially, it goes like this. Find a property that is available for purchase well under market value, say, 75% (so a property valued at $400k that ca...
Donald Dickerson
Being a Millionaire
Exactly what is the definition of a Millionaire?Net worth, but does that include the net worth you have in your primary residence, or is that excluded?What are the thoughts of our experts?
Lee Stephens
Legal Questions on FHA Loans
Hi BP,
I'm an investor from Chicago looking to potentially purchase my first property using an FHA loan. If I went this route I would rent out all of the units from day one (i understand that this is only permitted a...
Monte Rice
Financing options for newbies
I am a noob with real estate, I was looking to invest in fix and flips and I wanted to see if there were lenders who will finance these deals for me. Is this possible? Are there any hard money lenders that can help me...
Jerry George
Should I Invest With A Friend?
Hey guys, first post TIA :)So one of my friends from HS who I've kept in touch with but am not great friends with invests in real estate (flips, rentals, etc) and he is looking for investors. To get started with him,...
Pablo Flores
Is a cash out refi worth it if interest rate will be higher?
I have a vacation rental that I owe $370k on with a 3.75 fixed rate. Home is worth 800k now. I am considering doing a cash out refi with 80% LTV at a 5.25 fixed rate investment loan. This would allow me to pull o...
John Wheeler
Getting started in STR investing
Hello, my name is John Wheeler and I am wanting to invest in a beach house STR in Texas. I’ve started reading books on STR, does anyone have any other recommendations on education? Also, if anyone has any information ...