I'm trying to decide if renovating a property before we sell will be worth it. We listed the house 6 months ago after a tenants lease was up for 180k. we had some traffic, even a low offer, but ultimately It didn't s...
Hi fellow members,I hope everyone is healthy, and doing well. I was wondering if anyone can help me understand at which point I should factor in the Capital Expenditures when evaluating a multifamily deal? I am unders...
I've searched around and haven't found a solid answer for this due to all the "wholesaling takes NO money" stuff that is all over the web. While I guess that may be true if you plan on trying to get in without a ...
Hey BP!Right now I am in the savings phase of my journey and I'm about 1/4th of the way there. I'm taking the basic route which includes budgeting and living frugally to save up for my downpayment/closing costs/cash r...
Hi!I just joined bp hoping that I would get more info and help even before I start with REI.My husband and I work full time as a registered nurse in NY but we are both tired of living paycheck per paycheck.We got our ...
What would be the best place for a beginner to get a loan for real estate. How much should I spend for a home?
I'm working with a semi-experienced flipper (3 years of about 4 houses a year) who is giving me advice (my first two flips flopped). She typically does top-of-the-line for the neighborhood and then prices at median p...
I'm looking at a duplex property built in the 1940s that's about $200K in NJ, and thinking to put in 20% down. I even put in a lower ARV of $175K to see if the numbers would still work -- they did.Here are my numbers...
Hello all. I'm new here and this is my first post on the forums. I've been absorbing a ton of knowledge from you all and I'm very excited to get started in REI! I'm looking to purchase a 3-family home in Massachusetts...
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would you do this?.