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Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers. Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...
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When I got home last night I opened the mail and, like most other nights, received several credit card applications. Here are two of them:I have successfully used credit cards such as these in the past to buy real es...
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I have a potential lease option wholesale deal in the works. This would be my first deal. I have a question about the sales price that the seller is asking for. The seller wants $100K for the property, but the comps d...
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Hey BP Community,I have been diligently running cash flow and Cash-on-Cash return #s from many duplexes and triplexes in the Chicago and Chicago suburban areas. To my dismay, I have found that as someone who wants to ...
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Hello everyone. I have an opportunity to get a personal loan for about $10k and was thinking about what I could do with it as far as investing. Obviously the loan would have a monthly payment which I will need to ac...
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Hello to all BP members,I am a UK citizen and have loved the US from a very long time. I am looking to purchase a number of properties in the near and foreseeable future and would like some honest advice. I've seen pr...
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Hello BP I'm sure I'm the least experience and know the least about REI. I have been reading numerous forums about starting out in RE for the past few days and I must say I am very excited in trying my hand in this bu...
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Can someone give me advice on what are some of the cities that are worth looking into for relatively low cost properties that cash flow?
There is nothing in my local area that cash flow unless you put 50% or more dow...
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Hey BP! So, my wife and I purchased our first investment property in May of 2017 (a 4plex). We comepletely renovated one unit and moved into that one unit. We've increased rents on 2 of the other 3 units and soon ...