Payten Mox
Investment Property Opportunity Questions
Hi all!Recently, I was presented an opportunity with a property that is gutted and in need of a renovation. This home is near Portage MI and is currently offered at 75k with an ARV of 350-400k it will need 150-175k in...
Michael Hansen
Newbie from Huntsville, AL
Hi, I am slightly familiar with real estate investing. My uncle and father owned rental property in Orange and LA county california. I live in Huntsville, AL metro area and was wondering if real estate investing is ...
Robert Freeborn
What if you sell a Brrrr
Hi BP!I've been studying alot about the Brrrr strategy. There is a house here that I definitely want to move on, but I'm curious about the after part. What I haven't been able to discover is how taxes will factor in....
Elliot Sun
Lender - Denver based
Hello, looking for good locally based Denver lenders to establish relationship with. Already pre-approved with national/national lenders for single family home purchase but prefer local while looking for that AND inve...
Kevin Orellana
Is it worth making this property a rental or to just sell?
In 2020 I bought my first house 3 bedroom 1 bathroom and a 2 car detached garage for $175,000 and put a 10k downpayment on it and interest rate was 3.5%, in 2023 I decided to rent it out for $1350 mortage was $1106.62...
Brandon Sok
HELP: HUD 203k Rehab on Single Family Owner Occupancy - Advice??
HUD home built in 1900 in nice historic district of Ohio town. Listed at $70k then dropped to $63k. Contemplating a bid of $55k. ARV roughly estimated at $130k-$150k. Extensive repairs needed, estimated between $30...
Eric Neith
Purchase a 4 Unit Multi (FHA) then buy 4 Unit Multi (Conv.)
This is my first forum question since I've been a member, so thanks in advance. First off let me start by saying I am a licensed realtor in PA and the properties will be purchased in PA. I am looking to purchase a 4...
Kevin Izquierdo
Ignoring the Rules of Thumb
I havent dove too deep into the 50% and the 2% rules of thumbs. Im going to make a purchase on a MF owner occupied investment property in the near future and since it'll be my first purchase, I plan to scrutinize ever...
Kay March
Fannie Mae sells house way too cheap!
Please help me to understand. This is a small college town with stable and somewhat rising prices. Fannie Mae listed a house about 90 days ago for $133,000. That was high for the nice planned development where the ...
Sean Gibson
Preforclosure conversion rates
Hello BP community,I'm going to start marketing to preforclosure by door knocking. I was curious for those that have tried this method what the success rate looks like (for every x houses brings y deals on average). I...