Hi all!
While listening to last weeks episode on "7 paths to financial independence," I really liked the concept of buying one property each year for the next 15 years and putting them on a 15 yr mortgage and takin...
Hi everyone! I'm a newbie here on BP and wanted to introduce myself. For the past 15 years I've worked in retail management and I'm now looking to transition to real estate investing. I just recently moved to Phoenix...
I meet with Sellers everyday as a real estate agent that have both sides of this spectrum. Some are very light rehabs but more expensive. On the other hand homes that need full rehab are cheaper but need much more wor...
What are people doing for real estate in this 2024 market?! My husband and I are 28 and have two good jobs. We have been able to set aside some cash/savings over the past few years of marriage and are ready to invest ...
I recently completed the renovations of my primary residence. The ARV is 195K and the first mortgage is for 78k. From talking to a few lenders who do HELOCs they will lend up to 80% of the home minus the first mortgag...
I am interested if anyone in the property management business has successfully used any of the new "receivable advance" financing groups out there like Fundbox - Kabbage etc.I have used Fundbox with my online marketin...
Here is a a post-COVID lending prediction from Fund That Flip, Inc’s CEO Matt Rodak and some steps you can take now to prepare. In short, you can expect:- Smaller leverage percentages- Larger financing costs - More st...
I see on most of the forums the 70% rule, 1% rule on rentals, etc. etc.My observations have also seen most of these posts and numbers talk about places in the midwest or middle america. I live in SoCal and would love ...
My husband and I are involved in our first flip in the Dallas area. We are prepared to break even or even lose a little. The experience is invaluable and will prepare us for the next project.
Dear BP community,I found a property that I'd like to BRRRR. The asking price is 40k, which I don't have the cash for. The ARV is 60k at least. I haven't seen the inside and can't vouch for how much work needs to be d...