Hello guys just need to get some advice as for my route to getting ready for investing in real estate. I feel like it would be a good idea to clear all my personal debt before I even begin. I'm 27 and I had a stude...
Hey everyone,
I am needing some guidance on what you guys think about moving forward with a purchase on an investment property. I will be staying at this place 1 week out of the month in a basement that I will be fi...
Selling a house and agreed to terms with a buyer *pending inspection report*. We got the inspection report back and boy... that inspector nitpick. The microscopic distance of the attic vent, insulation spacing, the sm...
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Hi Guys,
Happy holidays - I'm a very new landlord in Philly (about 1/2 a year) in and I'm expecting 1 of 3 units to push back on paying rent this month.
The backstory is: Last month, (I wish I could make this up...
So I have a property that I would like feedback on. I just finished this renovation on this property and got it rented out on October 1st. Let me know what you think about the numbers and the work. Even with these int...
Hi Guys,
Just wanted to thank the BP fam for all the info they provided to help me make this happen.
I closed on a 4 family in NJ. I paid $175k for it. . Potential rent roll is about $5k gross before expenses and af...
Hi all,Wanted to share my first deal. I did the BRRR method
Purchase Price: $92,000
Rehab: $35,000
ARV/final appraisal: $175,000
Doing a cash out refinance and was able to get 75% of the ARV. Since I only needed...
Buying a 9 unit below market value with seller financing. Adding 2 units to a current storage area and updating the property.. then refinance the property with a bank and pay off my existing seller financing note. N...
I understand the concept behind purchasing homes for investment purposes, ie the 70% rule etc.
When the goal is profit the margins need to be a certain amount to ensure that profit, I get all that.
However, when it ...