Single family home in class C area: Buying for $141k $20k solar loan paid @ $90/monthRehab of $12k to get rent ready Rent amount of $1,250/month Would appraise for $200k _________________________So, all in at $154k, w...
OK, quick question. We have found that the calculators on BP are pretty much spot on as long as you put in good data and have used them on several property purchases.So the question is, if you run the numbers and the...
Hi BP gangI made an investment in a few mobile home lots back in 2016 and they have generated a healthy income since. I just realised that a residential developer purchased about 20 acres right across the street from ...
Hello everyone, what is your thought on ADUs? or efficiencies? I was thinking of turning my garage into an ADU for variation of a house hack but Im uncertain of it since its kind of a newer area for me. Has anyone don...
Buying a flip for $161,000, hope to flip it under $20k and sell for around $225k conservatively giving me $45k in profit. Wondering, though, if we could somehow make this cashflow as a BRRRR. As I've been doing the nu...
Hi all,Last year I bought a 2/2 SFH in a suburb of LA (ventura county) fully intending to use it as a primary home. 30 year fixed @ 5.375%. Recent developments in my career lead me to have to move about 2 hours away. ...
Members who have extremely high negative influences should be banned. If you have that high of negative influences that shows us you have no respect for the rules which in turn shoots your credibility down the tubes. ...
Hi, a family member of mine has a rental property that they have negative cash flow on every month and are considering selling it. I'd like to hear your opinions on the Sell, Refi, or Hold options. Purchased in 2006 f...
What’s the positives and negatives of using hard money lenders?
I have a house in Menifee California that I have not lived in for the last 4 months. My mortgage is about $2,200 a month. I can rent it for about $2,000 a month. That would give me a negative cash flow of $300 with a ...