Kourtney McCullough
Active duty service member looking at REI in the Bay Area
Hello BP,I'm Active Duty Navy currently residing in the Bay Area. I'm very interested in REI in a small multifamly home using my G.I. Bill and was wondering if anyone could share their experience or knowledge.
Denny Le
Offer on a 4-plex
Hi BP!I just recently sent in an offer for a 4-plex. Here's the numbers and situation:Purchase Price: $283,000.00Down Payment: 3.5%, so FHA loanCash Flow will not be at a positive since I am paying such a low down pa...
Rory Egelus
1031 Exchange Equity
Hi, I'm somewhat new to the game, and have a pretty simple question...I think. I have a rental property I have significant appreciation on that I'd like to sell and 1031 into a different rental property. I've read u...
Eric Betten
Financing to participate in Auctions
Hello BP Community.
I am breaking into real estate investing this year as a licensed and insured electrician by trade. My goal is to flip in the first quarter and 1031 the proceeds into a cashflow property. My quest...
Petar Skobic
Break even in 7 years?
If you have a 14% ROI on a rental and the investment is projected to break even in 7 years, what are your thoughts on that break even point? 14% is not bad and it's after deducting a huge cushion for expenses to reduc...
Thurben James
Would you prefer a debt partnership or Equity partnership with your investors?
So I was talking with my mentor about acquiring a property to boost my networth. So he proposed an idea I've not heard before which was raising capital from investors and having your investors be treated as 2nd positi...
Graham Northrup
Obtaining a Loan as an LLC
Greetings BP Hive Mind! I hope you are enjoying your New Year's Day. One of my goals for this week is to get prequalified in order to make offers.However, I will be doing so through my LLC, and most of the loan inform...
Charlie Moore
Violent tenants - Handle this situation?
How do you handle an out of control, Egotistical Tenant? Can I evict off this basis?
Nicole Wood
section 8 housing laws
As a landlord are you required to accept section 8? I have read conflicting information on this. There isn't anything specific about it in my tenant laws either. One website says you must go through the processes to a...
Alexander Darnley
Can I use an FHA 203k loan for my first investment property???
I am currently interested in purchasing a flip in Houston, Tx, but currently live in Shreveport, La. I understand that FHA loan requirements state that you must be an owner occupant and that the house must be your pri...