Hello, Looking to place a bid in for a single family home in Victorville, CA today to BRRRR. Seller/REA is requiring proof of funds today. Have $1k in bank however need to show a total of $3k to secure the bid. Any su...
I received a private loan from a family member for a reno as well as some help in labor. Wanting to potentially pay a higher interest rate on this loan instead of paying cash out for the labor that was contributed. Lo...
Hello everyone.
Great forum here. I have been lurking for a while to soak up content while I get my personal financial house in order.
I need some help and thought this would be the place to ask. I'll stay short and...
Hello everyone, I have a primary residence that I owe $143K on with 30 year fixed @ 4.25%. I have about 23 more years on the loan. My payment is $1100/month and rents in the area are $1700-1900 typically in my neigh...
Good morning BP,
I have just fully rented out my first Property. Quick question, just wanted to get some opinions on tenants making two rent payments per month(half on the 1st other on 15th) the newest tenants asked m...
Hi everyone,What is the best price range to do sandwich lease options and cooperative lease options?I live in the very high priced area and need to find the right area to do business.Your responses much appreciated....
So my question is how soon are you refinancing your BRRR properties? So on my rehab loan I have 12 months to refinance. With the rising house prices a person that waits closer to the 12 months could potentially receiv...
I am new to BP and I am interested in starting off flipping houses. I am still a while seats from feeling secure enough to jump in so here's a question I have. Which loan would you recommend or do you use for a fir...
My wife and I recently relocated from New York City to Olney, MD. My aunt passed last year, and my two cousins inherited her 5 bedroom 2.5 bath house. They were kind enough to allow my wife and I to move in to the h...
First, I have not done the full blown analysis on this offering because it was an offering that did not interest me overall- but I want to add the caveat that I have not run numbers and have not formed an opinion that...