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With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
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Hi,I own 36 house lots (65x1250) in East Texas. They are platted as 3 whole city blocks. They are in a small city but on the far edge of the main part of the city. Most here want to buy MH parks that are already up a...
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Hi BP Family,I am kicking around the idea of drawing $20-25k from my 401k to buy down one of my loans on a duplex and refinance. I purchased the property on an FHA two years ago. Although it is possible that my apprai...
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Hello everyone, I think I might be doing my first Sub2 deal and I need some insight on the deal.
The property owner (executor), who was left the property, stated that he has not made any payments for of a year on an...
Hello my name is Sandra , my mortgage has a check to rehab my home I am told to pay contractor checks come in both owner and contractor name both have to sign check. Contractor says check goes in his bank if that is s...
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I'm writing you to save you and yours from dealing with a thief, a liar and a fraud. Read the entire message and inform everyone you know to prevent others from experiencing such financial loss.
On 3/26/19 Sean Richw...
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Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
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Currently reading Brandon Turner’s book on Rental Property Management. Wanting to manage my first rental myself, budgeting in management so that I can outsource it in the future. In regards to book keeping, what are s...
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ContextFirst time investing with a PDX flipper (great at what he does) and happens to be a good friend. He is raising private capital and the deal seems bulletproof, but would love feedback to better understand if I'm...
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Hey guys! I am 20 years old and I want to purchase a single family home to house hack with. I'm in Omaha, Ne and I currently live in an apartment. I want to buy a three bedroom house and have two roommates cover the m...