Nicholas Davaul
Seeking Advice on Partnership Structure for Real Estate Investment
Hello Everyone. I'm looking for advice I'm currently in a real estate partnership, and I'm seeking some guidance on ensuring that our partnership is structured in a fair and financially beneficial manner for all part...
Justin Howe
Buying a Rental with a Friend
Hello BP,I have identified a property close to home that cash flows $150~ monthly after all expenses. My question is, is it a good idea to purchase a rental property with a friend? We've been great friends for 4 years...
Caroline S.
Can I get out of a new build purchase agreement?
Hi Everyone,
about a month ago, i signed a purchase agreement with a builder for a house to be built and completed by Feb/March 2018. The house will be located in Fredericksburg VA.
I put down $3000 when I signed. $3...
Daniel Dubeck
Gap funding
Has anyone had any luck with gap funding? Are their any pro's or con's? Thanks in advance for your response and knowledge!
Michael Ablan
End of year summary: Successes, failures and a mobile home park
Hey Everyone,I like to drop in here from time to time to talk about my journey as a real estate investor. I feel it's appropriate because I honestly don't think I'd be where I am today without this website and commun...
Luke H.
leaky roof repairs/ where to find contractors
Rental property: Tenants found 'wet spots' on the ceiling in 3 different rooms. I've called out 2 different contracts so far. We have been in the attic and can clearly see the 2 areas where wood is rotten (probably 2-...
Justin Young
Use TSP for first home, any penalty to rent after one year?
Currently, my wife, our 3 children and I live with her parents. We sat down with our RE agent for the first time yesterday to discuss our goals with REI. Our plan is to finance our first home with at least a 20% DP, f...
Tamara Taylor
203k nightmare - The work isn't done and we're over budget
Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
Benjamin Kelley
Pay off student loan or save for real estate investing?
I wanted to know your take on what would be the best way to go. We are looking to flip our first house whenever we save up the funds. We will also be attending our first REI meeting next week to hopefully talk to pr...
James Nosack
Business loans to fund downpayments on properties
My business partner and I have begun to seek out larger sums of capital to invest with. We have recently started looking at the possibility of (small) business loans to help fund our down-payments. We have been told t...