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I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit. Isn't that going to hurt me when it comes time t...
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Ok, so I am ready to pull the trigger wholesaling. Here is what I feel to be the step by step process. Please let me know if I am forgetting something:1. Marketing for motivated sellers2. Communicate with leads. 3....
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Hey all,Just closed on my 5th unit in my first year! Stoked about it! It was a great deal; it's worth 100k as is, 140k ARV and I got it for only 30k, so I just paid cash. Now I'm getting a heloc (because Bank of Hawai...
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I was told by a friend about using hold open title policy for flips because it can save a lot of closing costs when flipping. Does anyone have any experience with these? Is it a good option for flipping a SFH?
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This week we've got another great new Podcast featuring a familar face from the BiggerPockets Forums, Brian Burke. Brian is a full-time real estate investor that currently has hundreds of rental units and flips more t...
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Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...
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I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
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Hey everyone. Would love some advice and input on my situation.
I purchased a house for about $227,000 in Wenatchee, WA, and over the past two years I have slowly updated the home with the intention to one day rent ...
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I own a condominium in San Diego I have low mortgage payment and it would cash flow nicely. I also have quite some equity. Should I keep it and rent it or should I sell it and with the cash buy something later when ...
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Hello world... I am interested in investing in Multifamily - though realize it is a bit late in the cycle - and at the point of trying to purchase my first property - getting practice with the BP calculators. I just...