Garrett M.
First Deal Strategy - Conventional / FHA - A bit confused
Just looking to clarify a few points so I can better understand the direction I want to move in REI.
As of today I have enough for a 20% down payment in my area. Triplex, owner occupied.
I am looking to...
William Brown
BEFORE YOU BUY A GURU COURSE READ THIS
Why do we go to Gurus and fall for these "Get rich quick" schemes? I speak on this because I did. I attended a 3day seminar/workshop with Real Estate intensive and all I can say is that I paid $2000 for a very specia...
Lou Ruggieri
Good or Bad Idea: House Hacking in a Commercial Property
I'm currently in a two family house and thanks to BP have realized that moving into a bigger unit mix will help me house hack and actually make money in the process as opposed to just getting a discounted mortgage.
S...
Bryan Rome
What would you do with this Chicago condo rental?
I am brand new to BP and this is my first discussion question, as I am new to real estate investing as well. I have a two bedroom two bath condo that is a mile and a half west of Wrigley Field in Chicago that I curren...
Jordan Brown
Seller Finance Mini Storage/Commercial Property
Investment Info:
Other commercial investment investment in Talent.
Purchase price: $1,500,000
Cash invested: $15,000
Recently purchased a self storage facility with 106 units, 46 RV spaces, a 4200 sq...
Brian Sherman
Double close with my RE agent
Looking to house hack my first duplex. Found an agent who works in off market deals and he had a great one for me. However, I'm a little concerned with him working for me AND the seller. Essentially, I would think tha...
Jamal Moore
hello, my name is jamal.
I am currently in the construction field as a countertop installer in minneapolis And I am really wanting to get started in this whole real estate business. Primarily focusing on wholesale. I would love to meet with s...
Tim Simpson
Multi-Housing depreciation questions for a multiple person LLC
The following scenario is a hypothetical but fairly close to the real life situation I’m in. I’ve simplified things in the scenario for clarity.Five years ago, two others and I formed an LLC to purchase a multi-housin...
Sean Kruger
To pay points, or not to pay points; that is the question
Hi all, I am curious to your thoughts on when to pay points or maybe take a credit for a higher rate. I ask because we are in the process of a cash out refi on an investment property with closing costs of about $2400...
Jacob Plocinski
Internal Rate of Return
I am currently reading What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli. I just finished Chapter 5: Measuring the Return on a Real Estate Investment and yes my brain hurts, but in a gr...