Hi, I have an investment property with about 50% equity in it. I am interested in leveraging the equity to do some more real estate investing. I have approached a few banks (including the current mortgage holder) an...
So I had one of my rentals on craigslist with a lockbox on the front door. I've been using lock boxes for 10 years. I had a rental on the market for a few weeks giving out the code to people to look inside. Yesterd...
I'm trying to break the paralysis of analysis. I've done one bad deal.
I see REI as the only viable way to accumulate wealth for my family's circumstances.
1. The following is in outline form so that I don’t worr...
I want to bounce my situation off of any of you in the BP community that are willing to read it and give an opinion. I became interested in REI two years ago this month, when I found BP and read Rich Dad. Over the fir...
Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
I know not everyone is against C and D properties but I have a few cases for them as a viable asset to invest in.
1. Cheaper price point to get started in real estate (cheaper is not as worse)
2. It is less affected...
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
I'm starting this thread because I am going to keep a running update on my first flip.
Today I have got the OK for all the funding I will need for my 1st home purchase / flip !! :cool:
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I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...