I finally got a chance to see inside the multi-family that I am purchasing in the DFW area. What I thought were 5 one bedroom units are actually 5 three bedroom units (around 900 sq. feet each) with one fairly lar...

I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...

21yr old college student currently working and saving my money to invest in my first property. Still learning and trying to network I’m Pennsylvania. How much money is “enough” to put down for your first property? How...

We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...

Hi all, I'm trying to get my first wholesale deal done - it's been a long process with the sellers disappearing for months on end. My attorney (first time I used him) insisted I put the "able to assign" in the contrac...

Hi Everyone,I have been looking for information or stories about investors flipping multifamily houses like brownstones in major cities.  These would represent much higher end flips compared to standard SFR but would ...

Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...

I'm tweaking our owner finance program our company has been using as a way to find good folks but currrently have bad credit. We've found selling when you say "owner financing, wrecked credit is ok" has many advantag...

Are RE agents limited when it comes to investing?

Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...