Over the past few months I have been learning and becoming well versed on the rehabbing and flipping of REOs. I am ready to start searching for my first deal and I had a question I can't seem to find the answer to.Whe...
I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
Hey guys!Just wanted to start a case study based on my experience with Spartan Invest out in Birmingham AL. After some experience with purchasing my primary residence with a detached guest house (first cash-flowing de...
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
Hi BP Community,I'm considering doing a high end redesign and addition to an 1800 sf SFH. I'd like to redesign the existing first floor of the house and add a 1400 sf second floor for a total living area of 3200 s...
Hello everyone,My name is Steve and at 46 years old, I'm looking to possibly start a STR business and while I've been doing a lot of research, I guess I'm feeling a little lost (or maybe overwhelmed is a better way of...
So I am trying to help out a single mom not to lose her section 8 but at the same time, I dont want to lose money.She makes only $13,824 A YEAR [or at least thats what she reported on smartmove.com] The rent is $1750...