Ok so I'm a first time buyer I have done my research and I'm comfortable running numbers to make sure I get a good deal... I'm going to the bank next week to get pre approved for a loan. dose anyone have any tips or q...
Hey everyone, first discussion on here. My fiancé and I made our first real estate purchase in May. We got a nice multi family, 2 unit home. Basically, we're real excited. However, I'm also nervous, and just curious h...
I am looking at my first "large" real estate investment. I have a seller who wants to sell 3 duplexes at 140K each where I would buy outright... finance with a bank either separately or all together on a commercial lo...
Hi BP Community, I just made an offer on a single family house today and just wanted to share the numbers to see if they make sense. The house was built in 1999 and has 3 beds and 2.1 bathrooms. It has a walk o...
I am about to invest in my first rental single family home property in San Antonio and getting cold feet! With the oil slump in Texas and stock market ups and downs, is it a good time to purchase a rental home? Some...
Hello everyone!I currently have 8 homes and looking to grow my portfolio in the new year as things settle down. I am nervous about taking the next step and wrapping some homes in a commercial loan as I’m betting on in...
Deal analysisList price: 29,999House details: 3 bedroom 1 bathroomAvg rent: 850-950EXPENSES:Monthly taxes: $47Insurance: $75P&I : $111.83Repair : $45 (5%)Vacancy: $45 (5%)Cap ex: $45 (5%)Mgmt: 90$ (10%)Garbage: 40...
These Closing cost seem a little weird if anyone could shed some light on what i looking at would be great, this being my first mortgage, im second guessing everything, and input would be a great help ,thank you
Hi Everyone,I'm in the process of purchasing my first duplex, i have tenants in place and collecting rent. I have met them and such which both units are family related they seem like decent people. The house is in FAI...
I’m a newbie. I starting to try to wholesale. I’m currently driving for dollars and using Deal Machine, which is great. I haven’t had my first deal yet. But my question is “what to say when I get a call from a seller”...