Elena S.
Triplex Meets 1% Rule - Can't Make it Cash Flow
Hello everyone,
I am a new investor in California and I am looking to acquire rental properties for cash flow. My Realtor sent me this deal, which in theory should cash flow because it meets the 1% rule. It's a tripl...
Don Roberts
Trump administration to cap Americans' ability to tap home equity
Did anyone see this???https://www.foxbusiness.com/economy/trump-cap-cash-out-refinances"Under the new policy, the cash-out refinance cap would be lowered to 80 percent of a property's value, down from 85 percent."
If...
Chris Payne
Illegal 4plex. Should I pursue?
Hi BP Fam,I came across an interesting REO this week. It's a legally zoned duplex that has been (illegally) divided into 4 units. The property is huge, consisting of a 4/2 house in front + a 6/3 house in back. It's li...
Mike Loew
Advice on best salary compensation for RE Investing
As the title states I am interested in hearing opinions on what people on here think is my best option for salary compensation to allow for long term wealth and RE investing. I currently work a J.O.B. that i enjoy whe...
Michael Baradell
First Duplex opportunity - Please analyze - Buy and Hold
Hey guys,I have an opportunity to purchase my first duplex. I would like to see what the pros think of the deal.Breakdown:Purchase price $150K. Seller Financing Monthly payment around $1,350Rental $900 and $950 month...
Mark Pierce
Due diligence period
Very new to the process here. I'm looking at a home and talking with a work colleague about getting into a rehab together.
If we make an all cash offer what is a typical due diligence period?
I understand once we'...
Mark Howard
Did I make good investment?
I bought my first rental property 6 months ago. Its a rent to own deal. I have contract for deed. anyways. I bought the property for $36,000. Put $3,000 down. 0% interest. Spent $7,500 in repairs. Payments are 450 a m...
Jason Crowe
Life Insurance Company or Similiar who will finance deals?
Has anyone found a company as such that would lender on renovation projects? Or long term money for real estate deals? Ive read about this but have to found one. Is this true direct to them will finance deals and o...
Brad Campbell
Monthly expense estimate
Can someone give me a way to roughly estimate the monthly expenses of a Single family home, with tenants paying the utilities, and not having a property manager (for the moment).
Ernesto Barragan JR
Moving my 401k to use for Real Estate Investing?
I have about 120k in my 401k and 100k in equity at the moment and would like to use it towards real estate investments. I've been researching different services to move my 401k money , such as Whole life Insurance or...