My question is, I have a mortgage and an Airbnb on the same property. It cost me $90,000 to build a ADU for the Airbnb. I want to save 100,000 per Scott’T's advice to start investing in rental properties. With $455,00...
I’m about to buy my first investment property (rental condo) using 180k drawn from a heloc against my current home. My plan has been to search for a conventional loan, over the next few months, at a 30yr fixed rate to...
I have a primary residence in which I’m about 20k from getting to 80% of the original purchase price. We originally put 5% down when we didn’t have as much cash reserves and have been paying PMI since. Our financial s...
Hi,
I am in a dilemma as I got myself into a very bad deal buying a single family house. Bought it on market price (maybe even slightly overpriced) in August with a 10% bridge loan with the goal for it to be a half o...
Investment Info:Single-family residence fix & flip investment in Westlake.
Purchase price: $98,000 Cash invested: $42,000 Sale price: $198,000This was my first flip as a business and I worked with two o...
I’ve been doing a lot of reading (books, forums etc) as well as watching and listening to videos. Also been getting my financial situation to a point where I can start investing soon however the more I learn and the c...
Is a mom and pop multifamily investor more likely to sell their off-market property if a buyer is already in place? Does an offer over the phone make them more likely to sign on the dotted line?
Hello BP,
One of my Grandparents recently passed away and my Mother is inheriting a nice sum of money. They have talked with me of possibly funding some of my deals going into the future. My initial thoughts are that...
Hello. My name Mikhail, and live in San Diego. I recently made and account with and BP and read all the books that were advertised by BP and quickly came to a question on which niche would be most reasonable for a ne...
I want to buy another investment property using BRRRR. I have one rental already. I’m ready to start looking for my next property but I’m just starting the plans for my primary residence. We should break ground on my ...