Lisa Session
Starting out New in Birmingham Alabama
Greetings to you all,I would like to formally introduce myself to you, my name is Lisa Session and I am originally from South Florida now residing in Birmingham Alabama. I have successfully obtained my Real Estate lic...
Tristan McGowan
The Newest BP member has arrived!
Hey BP Community!Allow me to introduce myself; my name is Tristan McGowan, I'm a college student from Montreal, Quebec, Canada and just turned 21 this week! As the subject suggests, I'm brand new to the site and I've ...
Cesar Perini
My ADU appraisal was very low
I have a 2b 1b house in bellflower CA. I extended it to a 3b 2b and built a 3b 2b ADU behind it. Now I own a 3b 2b house with an ADU that has 3b 2b. I’m refinancing the house now and my appraiser used comps of a SFH w...
James Lambert
Using Credit Card to Finance a Flip
Hey Everybody,I am new to investing but I have been working with a mentor. He just presented me with an opportunity to flip a property with him. I have 2 credit cards with a combined limit of $25K. Is there any way t...
Jay Dean
Keep renting or Owner finance
I own a condo free and clear.After repairs, I have about $60,000.00 invested. I can rent the condo for $875.00 and it nets about $200.00 per month.I am weighing to options:Option A - Continue to rent. Net $200.00 pe...
Pete Fiannaca
Financing for mid-size apartments (15-25 units)
Good Morning, Folks -Looking to see if anyone's willing to talk about how they got their foot in the door financing their first apartment building. I am a new investor (bought my first SFR in July) and am starting to ...
CJ Letzelter
Denver/ loan paydown vs. income
Given the time of year, I am unable to seek advise from a local Denver CPA combined with living in Singapore have left me with an important question. Can profits from rent be used to paydown the loan on the same hous...
Mark Forest
Is bird dogging and wholesaling for real?
Are there people on this board REALLY making money at so called “bird dogging” or “wholesaling”? These have always seemed to me to be investment guru pie in the sky.
Alicia Prokos
Current Price for Performing Notes
What prices are investors currently paying for a solid performing note with a decent loan to value, say 75% or so, for a house worth <$100k? Is it 90+ cents on the dollar, or is it lower for collateral worth <$...
Christian Manhard
LLC or sweat equity?
My fiancé and I just completed our first BRRRR and cash out refi. We turned a duplex into a triplex making 90k in equity over 15 months. Being a contractor I did all the work (sweat equity) besides plumbing and electr...