Joshua R.
How much money do you need when trying to get FHA203 Pre-approved
I am in the process of purchasing my first investment property. I am setting up meetings with a few different FHA Consultants to discuss pre-approval for an FHA 203(k) streamline. The loan is for 200,000.00. How much ...
Josue Feliciano
Noob from Massachusetts hesitant to pull the trigger
Hello BP!, question to all..as somebody who works 60+ hours a week 5-6days and trying to jump into this wild business im wondering what would you consider a safer easy bet to start with? I definitely got my mind on mu...
Marc Izquierdo
What happens if a Agreement of Sale expires???
Hi all,I am supposed to close on a Duplex today. However, the seller has not gotten municipal required inspections completed yet (heater certificaiton and electrical certification). Both of these are outstanding and...
James Mabe
Down to brass tacks
A big "Hi Y'all" from Greenville, NC. This site is amazing and thanks to all those who contribute. Gonna get right to it in my first post. I have done a couple of deals in the past, only as an investment to basical...
Justin B.
Multiple Property Accounting and Tax question
We've got several properties now and will have a lot more by the end of the year. Does the IRS care about individual property reporting or can you just combine when filing taxes? Accounting and tax filing is time co...
Salah Siraj
New to BP - Looking for investor friendly agent
Hi BP,New to BP and real estate investing and looking for an investor friendly agent in North Jersey that I can connect with to get setup with MLS listing/updates to find an MFR investment property. I am still in the...
Ellis Thurman Jr
Is this a wholesale deal?
Good Morning,I have a question. Say your doing a wholesale deal and let's say a lead has about $150,000 in equity and has a principal balance on the property of $100,000. Is this still considered a wholesale deal and ...
Account Closed
What would you do? Advice on duplex I currently own
Hello all and thanks in advance for anyone taking the time to chime in. I have a duplex in a desirable area of CT. 2 BR /1 BA down and 1 BR/1BA up. I've always had an issue renting the upstairs because the bath is ...
Account Closed
How would you generate $50K per month with $1M?
Hey BP,Let me just start out by stating that I DO NOT have $1M, nor would I disclose my net worth /cash on hand for a general post. Hopefully that eliminates the “really bright for you to post you have $1M in the bank...
Brian H.
Security Deposit/Rent Issue after buying in Tax Foreclosure in OH
I recently picked up a property in a tax foreclosure in Cuyahoga County in Ohio. There are good tenants in the building that pay monthly and they were paying to a property management company that was still collecting...