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First time poster. Have never owned a home, and I love my apartment in Chicago (which I rent). I’m saving for my first investment property and I’m thinking to either look for a house-hack in Chicago (which would be ex...
Does STR income after the first year become passive income?
Investment Info:
Condo buy & hold investment in San Diego.
Purchase price: $680,000
Cash invested: $25,000
Bought a new-build 3 story 2 bedroom 2.5 bath condo in a 4 unit building with a friend u...
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Hello BP family, I have been hearing some people talk about wholesaling off of the Mls is that possible? I have a wife who is a realtor and I have access to her data if it is possible. Please give me some insight on h...
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Just like the Chupacabra, I'm hoping someone can verify that the following exists:
Will a bank offer "seller/private financing" on Multi-Family REO product, like 100+ unit apartment complexes?
Are banks pressured to...
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Correct me on this if I am wrong.
I want to assign a contract. Does the contract need to be well below market value,such as 20% or more or can I assign a contract that is 10% below mark...
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I might buy a SFH for $60,000. I plan on making a cash offer and then doing the Brrrr strategy.Purchase: $60,000Rehab: $5,000-10,000ARV: $90-100,000Rent Price: $1,000Being conservative I'm planning on ARV of $90,000 a...
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I was reading an interesting blog
https://www.biggerpockets.com/...
written by Brandon Turner but I did not understand couple of things from this blog which was =
1. How is our loan for $63,500 after paying 20% ...
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My wife and I are currently located in El Paso, Texas, but we will be relocating in a few months to Pflugerville, Tx. where we will look for our first investment property. We are interested in buy and hold investme...
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This is an example of a deal I saw right here on BP, and the person that posted it should be embarrassed. Don't worry- I'm not going to name names or provide details-- but here are the numbers:
$32K asking price
$10...