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Hello! i am starting my real estate journey and I am interested in investing in real estate to create some passive income but more importantly to escape the 9-5 jobs and create generational wealth. I played profession...
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Hey y'all! I was listening to one of the early podcast for BP and it was said that your rent price should be 2% of your purchase price. A lot of houses I'm seeing in my market don't meet that criteria. Should I move m...
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Thoughts on this hard money lender deal...Will finance 100% of the purchase price and construction. 6-12 month termsNo points or any other fees (origination etc)20% apy75% APV needed on dealThoughts on this deal for a...
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I am under contract to purchase 11 duplexes and have a 10 day DD period. Although I have scrutinized the numbers I would appreciate the feedback of the BP community:Details - $1,034,000 purchase$94,000 per unit$1200 ...
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Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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Me and my girlfriend are looking into getting a condo or a house for ourselves sometime very soon before we start our RE investing endeavors. I spoke with a loan officer at our credit union who referred us to someone...
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Question: My cousin and I are looking at a few properties in western Pennsylvania (just outside of Pittsburgh) . I've called around and I've got a few prices from settlement companies, but I don't know if I've been ...
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Say a house was built around 1910 and is in a college/low income area, so it takes a beating. How much longer can these houses really stand for? Won't they have to be torn down soon?
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I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks f...
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Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...