Hey everyone I’m 22 years old turning 23 in December and i want to get started in Real Estate Investing flipping houses preferably and having that return buy me rental properties for cash flow. However, I have never o...
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
BP Community! I just closed on an 8 unit this month putting only 6% down on the deal. I expect my cash on cash return to be over 90%. Ill detail the information below. Please reach out to me with questions as I love t...
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...
Hello CA BP members!I am new to REI and joined BP several months ago. We live and Turlock and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowing...