An acquaintance of mine owns a single-family home that he walked away from 17 months ago. He stopped making mortgage payments and moved into a different home (a rental). Two months ago the mortgage company finally st...
Looking to get opinions on whether to sell an existing rental condo unit or hold on for a potentially bumpy ride. My apologies for the lengthy context.Purchase History: $180,000 in early 2009. Located in greater F...
When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...
BP we need advice! First post so please forgive the formatting. My gf and I are looking at a (town)house hack for her (she's buying on her own). Unit is 3 bed/2.5 bath with attached garage and tons of deferred mainten...
Hi everyone,I got my first organic lead from a squeeze page. I sent out some postcards a few weeks ago targeting preforeclosures and finally got a response from this person. I reached out via text as it was late eve...
I live between Dayton and Cincinnati OH where I've just recently gotten involved in wholesaling. I look for properties where I can get my buyer at least 12% ROI, is that a descent number? What kind of returns does e...
BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
A little less than two weeks ago I secured my first deal and it was a BIG one. Prior to May of 2018, I knew literally NOTHING about REI. That didn't stop me from closing on a 4-Plex (Quad) in Savannah, GA about 5 mi...
I'm hoping someone can give me advice on whether or not purchasing a 3rd home to do a guest suite rental would be a good idea, given our current situation.My husband and I own two houses: One in Vancouver WA and one i...
My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...