Ty Stephens
Closed on First Deal....
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $660,000
Cash invested: $50,000
Closed on new construction that I house hack, triplex, under VA 30 year fixe...
Jonathan Roach
Military TSP Loan thoughts
I've been researching the details of taking a loan from my TSP to fund a BRRRR deal. It seems like a bulletproof strategy since I can pay the loan off within a few months if all goes well and the interest rate is emb...
Ann N.
$100 deposit on wholesale deal
on a wholesale deal the initial $100.00 deposit given by wholesaler/investor on the contract -- is this a formality or does the $100 exchange hands? if so....a. Who holds the deposit?b. How is it reflected this on the...
David M.
Potential Opportunity - Need Advice
Hello BPers,I received a call from a mailer I recently sent out about a 4 unit near me. The owner said he's looking to exit his properties over the next few years, but would consider a good offer on the one I inquired...
Jacob Phillips
Help! AP Calc didn’t teach me this!
Ok I have a pretty embarrassing math question that I feel like I should know but that I just can’t wrap my head around.I’m trying to get into the game and purchase a SFR or small MFR. I have a friend with a house list...
Alonzo Garza
Loan Officer says "Loan for rental can ONLY be 15 yr term, 20% cash down". Is this True?
Hello BP community,I'm in the process of verifying this but wanted to post the question here in the forums so as to help any other members who might have a similar question:So I just had a loan officer approve me for ...
Anthony Surach
POF for wholesaling??
So I’m recently trying to get my first deal in wholesaling and I want to start with wholesaling on market properties considering they are already for sale now I remember a while back I tried contacting an agent and th...
Vincent M.
Smokys Cabin - Shared Rd situation
Hi folks - looking for opinions on a current decision I am faced with. Normally this would be a big no for me for a personal residence, but want to think it through some more.
We are in the process of purchasing a ne...
Eduardo G.
What is the first steps?
Hey guys, Just hopping onto the forums again to attack the idea head on. I just want to hear everyone's first step(s) towards getting the first investment property. I have been researching and reading a lot on REI for...
Rebecca E.
Septic Field preventing mortgage funding
Hoping someone can help me give advice to my friend.She is looking to buy her first house in Wisconsin. It is an old farmhouse in central Wisconsin, currently occupied. As it is in a rural area, it has a septic fiel...