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Gooood mornin’ BP!
I have heard on several podcasts about the concept of “retrading” (the term for going back to the seller after you are under contract and asking for credits, concessions, etc.) and how it cou...
So looking around at listings, it seems that there are a few fixer-uppers listed in nearby Hammond, IN under $50k. Some pictures show more reno than I'm comfortable with, and some are on the worse side of town, but t...
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I am looking through options to fund my next purchase for a BRRRR scenario. My first and most obvious answer is to refi and cash out with the equity in my current property. I have not crunched the numbers but I should...
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The main project I'm looking to complete is a kitchen remodel for an apartment in North Oakland. Â This will include new cabinets, countertops, sink, appliances and maybe even the floor. Â We are hoping to remove one wa...
I'm currently deciding on if I should borrow from a 401k to pay down a Heloc or apply to mortgage. Currently, the Heloc has a loan amount of $45K @ 5.49%. Funds from the 401K can be borrowed @ 2.125% interest for a pe...
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I've been reading (and reading, and reading!) and listening along to BP for a bit over a month now, and I can't wait until we are ready to take the leap into REI. We are relocating to the Grand Rapids, Michigan area, ...
We are looking into buying our first investment property. It is listed for $60.3k with an ARV of $108-110k. We are estimating it will need about $20-25k repairs. I'd love to get it for less than $50k. Bank owned. It h...
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With the GSE's postponing foreclosure actions till August 31st, I was curious to investors out there who own loans that were not GSE loans if they are moving forward with FC (where they can) or following GSE guideline...
Are you landlords relaxing your screening criteria now because of job losses or uncertainty during Covid?  Or do you essentially NEVER relax your standards, no matter what the sob story?
I am a W2 employee that has owned a single family home rental for over 10 years in the Sacramento area. I consider myself to be a fairly conservative investor and my strategy to date has been to pour the cash flow fr...