Erfan Haroon
How to leverage 8 (paid off) single family homes?
BP Folks,
I am looking for some help. Please pardon my ignorance when it comes to the financing process as I am newer to it. I have learned that I want my cash on cash to be above 12% and I use the BP rental analysis...
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Using my 401k for seed capital
I have posted on this topic before, but am seeking a fresh perspective. I am considering pulling out my 401k to use as seed capital for a few new flips. What are the risks, is this wise? Would you caution someone agai...
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Purchasing a buy and hold
Hi members, looking for advise on a potential purchase. Here is my scenario: A seller has a 3 bedroom 2 bath condo in New Brunswick NJ that has a retail value of $150k but is willing to sell for $100k all cash. She is...
Lucas Pfaff
Estimating Software Help
Does anyone have experience with using an estimating software package to develop rehab costs? Specifically, does anyone have experience with XactRemodel or Xactimate?Assuming you have experience with one of these soft...
Jimmy Bradford
Credit Union Re-finance of a fourplex in CA
I'm looking into refinancing a fourplex through my local credit union. I'm unable to qualify for traditional lending at bigger banks because I own too many properties. The credit union are offering me 5/5 loan. I'm ...
Damicco Robinson
How to Accurately Analyze a Rental Property
I've noticed some investors having some issues efficiently and accurately analyzing rental properties. I thought I would provide a reference below to help out some investors who are struggling to determine what's a go...
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Great Article from MPF on Apartment markets
Reprint from MPFMPF Research Reports Western Region Metros Lead U.S. Apartment Rent Growth to New Highs for the CycleNew resident pricing jumps 5.9 percent, while occupancy tightens to 96.1 percent(September 30, 2015)...
Alex Rodriguez
New to site hello everyone
I'm in Chicagoland western burbs invested in couple rentals. Looking to get back into flipping need some help and knowledge on private funding and how to start self funding 401k
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...
Ahmed Sublaban
Some General Mortgage Information for an Upcoming Appointment
Hello BP Family,After researching, analyzing many deals, networking, and understanding potential markets around me, I’m finally taking a few steps forward. Specifically with my first mortgage. I have an appointment th...