Francis Branagan
Flip or Buy Hold Portfolio
This is a would you rather scenario. Its a time sensitive scenario, you can't choose both. 1. Flip, purchase price 110k, needs 40-50k, sell for 199. 2. Rental Porfolio, 5 houses local same town 300k after taxes and mo...
Sherrie P.
Buying rental property with money borrowed against stocks
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
Logan Allec
If OpenDoor goes big time, will it wipe out the little guy?
Startup Pays Cash to Buy Homes, Flip Them: OpenDoor’s approach appeals to sellers who need to move quickly
Account Closed
Are these good ARM loan options?
Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
Robert Obniski
Flipping slowing down in Chicago? cook / dupage county
Hey everyone,I hope this discussion will reach people in the Chicago land area.As the title states my question is if in the general area of chicago, is flipping getting more difficult? I want to ask this in 2 ways. 1...
James Chen
BRRRR+Section 8 Twist in NoVA?
Hello all,I listened to Dr. Joe Asamoah's two interviews on the BP podcast (#356 and #498) and was quite inspired by what he's doing. Does anyone have any insights or experience with trying out this strategy in the No...
Kyle Scelza
Northeast Ohio Hard Money Lenders
I am investigating using a hard money lender in the Akron/Canton area for a Flip or BRRRR. I'd love to hear your positive and negative feedback on HML in the Northeast Ohio area.Thanks in the advance.Kyle Scelza
Arthur Fuller II
Just make offers?
I've heard on more than one occasion (in countless podcasts), that I need to be making several offers a week.I'm a brand new investor and as yet have not completed my 1st deal. I have not gotten any good leads from my...
Orlando Paz
What is the breakdown of the 70% rule?
I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...
Nick J.
A Math Question
So I reviewed the test that I failed today. I came across a question that I thought would interest you guys.
You buy a property at 25% below listing price. Six months later, you sell that property for the original l...