Jake Oakes
Escrow Shortage - Mortgage Increase of $600/mo. No longer cashflows !
I recently moved out of my first house hack which was a duplex. I bought it turn key from a flipper almost 2 years ago. I moved into a single family home with my fiancé we plan to live and flip or BRRR it.. Recently m...
Autumn Allen
Trying to help Chiropractor with her 3/2.5 townhome - help please
Hello BP family!I am close friends with my Chiropractor who owns her own business and is doing well, but not well enough to cover 2 mortgages. I want to help her find a solution even if there is no business for me. It...
Cameron Snyder
Creative ideas to cut back on renovation budget
Hello! My husband and I just closed on our first property to flip and we are beyond excited! We're in a very competitive CT market and I am sure paid a bit too much but we are thrilled to get started and learn from e...
Jeremy Lai
LA/OC market adjustment
It's been a while since I have been on the BP site, but I'm back. I currently buy fixers/dated properties for a flipping company in SoCal and we have been adjusting our numbers due to the recent decrease in buyer acti...
Account Closed
Selling an Occupied Property
Hello All,Is there a good way to market a tenant-occupied property to other potential landlords? I have a property in northern VA that is worth about $500k. The tenant is paying $2700/mo. I just locked them in until s...
Shafi Noss
How do Lenders and GSEs Make Money Selling Mortgages
Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...
Michael Furey
Flipper trying to buy wholesale
Hey Everyone. Not sure this is the correct forum category, but anyway….I’m currently flipping my 4th house. All is going well but I’m thinking of my next one. Instead of trying to get a deal on one that’s on the marke...
Rich Lee
i'm renting apartment taking monthly hits to slow bleeding
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
Nick Rutkowski
Are you familiar with how Agents get paid?
I’m going to explain to everyone the payment structure of a Real Estate Agent. I sense there is a disconnection between investors and agents because both parties do not understand each other as well as they should. In...
N/A N/A
Losing money . . . wait to sell?
Not sure if this is the right spot for this. Here is my question, I have 3 rentals one is running in the red consistently. You guessed it, its in Arizona! I want to sell it but think I should wait till spring.
How...