Mike Troyke
Is having a realtor a worthwhile idea?
I just got my first verbal offer on a property for 259k. He had a previous offer on the table for 267k but the buyer wanted to use a realtor and taking a 6% commision would bring the actual net price to 251k. He said ...
Kyler J Sloan
Moving Property into LLC
How does it work when one places a property which they obtained a mortgage for in their own name into an LLC?
Specifically, I was told that a property in the LLC does not affect your DTI ratio, but is seems unlikely...
Joel Mitchell
Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.The plan is to rent for five years and refinance or sell for a profit of $23,000 on a nea...
Noah Jutis
My first Investment - Living in my friends basement
Hello all!
I live in the suburbs of Detroit Michigan. I am a full time Engineer living in my buddies basement saving as much money as possible. I have been pre approved for a great loan and want to invest into a p...
Triminh Phan
Advice about my plan of action and anxieties.
Hello BP family! I am newbie wholesaler as a solo dolo and wanted to get all yall's advice about my plan of action and anxieties. I get my records from Propstream. Trace on batchskiptracer. And start cold calling>v...
Kana Watanabe
Newbie based in California looking to invest out of state.
Hello!
This is our first post. We're very excited to be here. Neither of us (my husband and I) work in real estate but we've always wanted passive income from "buy and hold" rental properties. We're interested multif...
Antony Nguyen
BRRRSR strategy - not a typo - sanity check and tax implications
Hi Everyone!This post is 2 questions in one, if it's suggested I post these separately let me know!First off is my investment strategy. I have some capital to work with and can buy residential properties with cash. ...
Chris Slater
Seller Financing for 1st Rental?
OK I need your help I have a listing that I want to purchase on a land contract. The seller has a USDA loan still on the property can we do a land contract with the title company and record it at the county as my prop...
Landon Lehmann
How to leverage my person residence
My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
Alex T.
Buying with cash without refinancing issues
In real estate there are a couple things rookie investors notice pretty quickly:- Paying cash is more attractive to the seller and tends to get the deal closed sooner (which could translate into a discount or winning ...