Melissa Faraias
Refinancing Advice needed for First Time Investor and DSCR Lender Recommendations
Hello BP community,
I am close to finishing the rehab on my first rental property and looking to refinance soon. Does anyone have any good DSCR lender recommendations? The property is located in Houston.
A lender t...
David Beckley
Working with Low ARVs
Hello all. I'm starting to use the Wholesaling calculator exclusively for my business. I live in a market (St. Louis) where some ARVs can be extremely low (15-30k). Once I calculate these ARVs, I'm putting them in the...
Kelli Washington
6 Factors That Contribute To Successful Wholesaleing
Wholesaling as you may or may not know is a way of investing in real estate by placing properties under contract typically at below market value with the sole purpose of transferring that contract to a cash buyer at a...
Andre Ross
What should I do keep it or sell it?
Morning All,I own a multi unit property in Cincinnati ,this is my first rental property and I don't know if I should sell it or keep it. here the rundown why Im on the fence.first thing I did was take action, but the...
Melody Kushi
Septic System and Well in NJ Property
Good morning BP Mates!My business partner and I looked at a potential property in South Jersey over the weekend. The home has great bones, beautiful original floors but needs major repairs. Potential repair costs will...
Account Closed
A Tale of 4 Cities.............turnkeys
It seems the most common low cost turnkey properties are in,Cleveland, Detroit, Memphis & IndianapolisWhich has the lowest taxes ?Which has the greatest potential for increase in value ?Which has the biggest selec...
Marlon Thomas
How to find motivated sellers ??
Hello BP members,I am 19 years old, and I've been contemplating on wholesaling. I've done my reasearch on how to become a wholesaler but, I have a few questions for you all and hopefully you can give me some helpful i...
Jack B.
10-31 mortgaged property for multiple paid in full properties?
So can I:1) Sell a paid off rental property and 10-31 exchange it for two mortgaged properties so long as their aggregate value does not exceed 200% of the relinquished property?2) Sell a mortgaged rental property and...
Julio Gonzalez
Cost Segregation Study on Small Residential Condo
A cost segregation study was performed on this residential condo in Herndon, VA purchased in 2017 with a depreciable cost basis of $151,518. The condominium is 1 story and 1,333 square feet and was constructed in 2016...
Julio Gonzalez
Cost Segregation on Condo
A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870. The condominium is 2 stories and 6,540 square feet with 8 units and was cons...