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(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...
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You make your money when you buy! I'm closing on a 22 unit portfolio that consists of 12 single family homes and 5 duplexes. The sellers first offer for the package deal was $1,140,000. Through a LOT of strategic comm...
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Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
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I've already posted my bad experience with investing out of state in Memphis. Horrible tenants! Some on this board who SELL the "turnkey cash flow in Memphis" dream to out state (or country) investors come on and ju...
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I keep seeing these life changing one year turn arounds in peoples lives.My main question is how do people buy 10 properties in one year considering the DTI Ratio?I am personally making 65k-70k/yr at my W2 job and can...
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Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
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Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
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Hi BP,I am trying to explore an idea about HELOCing my current home to buy rental properties. Has anyone on BP done this before and what are the inherent risk I should be aware of before processing with this creative ...
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Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...