BP,I've been in the multifamily real estate game now for a little over 10 years. During this time, I've never once used any leverage, never re financed and cashed out, etc. I have always used my own money to purchase ...

Hi All, I just toured a triplex this morning with $1,602 in total rents, the asking price is 135k but my realtor said if I can't get it for 100k with little or no money down, I should pass. 2 of the 3 units have not b...

I've come to the conclusion that using hard money lenders as a backup exit strategy is the way to go for wholesale deals. What a confidence boost. You can look a troubled seller right in the eye and tell them without ...

Hi BP,Hope everyone is doing well as we get ready for summer. Let's cut to the chase- my team recently acquired a two-family home in my area, and we do a lot of our own renovations and all of the management. The prope...

Hello Everyone,I am considering becoming a real estate professional and wanted to reach out on the BP site for some input. I am currently a sales professional in the automotive tooling industry and have a degree in Ma...

Hello,
I have delayed gratification for a number of years in preparation to buy my first home in the Central Orlando, FL area.  My short term goal would be to find a house hack property that would set me up with a lo...

Lenders, as you know getting started is quite difficult in this investing strategy, especially if you are young, have limited funds, and all you can hold on too is you're credit and your savings of 20k or so. So I am ...

Hi BP Forums,Thanks for coming to help me out! Before I dive into my problem a little background about myself. • I am 24 years old • Started working a corporate job in Austin, TX 2 years ago• Graduated school with stu...

I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest.  My thought is why wouldn't I do an all interest 10 year loan at 4.99%?  Prepayment penalty is only the first ...