Nando Gapasin
2% rule - How close is close enough?
Hi, I have a potential deal that meets all of the criteria I've learnt of BP for a potential deal:
-$162 per door
-14% cash-over-cash
+$250 for 50% rule
Unfortunately, it's at .96% for the the 2% rule. Has anyon...
Tyler Brantley
Intro to my 5 year plan
Coming up in January I will have my two years of clinical. My girlfriend and I are going to be medical travelers for hopefully the next two years to raise capital. I'm eager to start investing while my partner in crim...
Jamie Morehead
Investing as an Attorney
Hello everyone, I’m currently finishing up law school and am interested in getting started in investing in real estate. Ideally, I would like to only practice for ten years before putting my head down and working ...
Cameron Leckliter
HELOC, refinance, or equity loan on paid off rental.
I currently own (through various circumstances) my only rental property outright. House has been a rental since 2016, 2/1 renting at 1100mo (which is on the low end). Based on similar houses its worth around 180k.So n...
Carl Woodley
Converting an inherited house into a rental property
Eventually I'll be inherting my mother's house & property. I want to have the property make money so I don't have to soley rely on employment. I need guidance on how to go about doing this legally. I currently hav...
Account Closed
I just closed on a property with another BPer as a partner
Hello all, I just had a double closing on a property with another BPer. What a pleasure and honor to work with someone as passionate as I ( I am humbled to say maybe more than I).The deal offered us instant equity to ...
Josh P.
Insurance on primary residence, one other property.
Hi there,
I have a triplex, one unit of which is my primary residence. I'm buying a fourplex now and need to know whether I should have the triplex on a homeowners insurance policy and the flour plex on a landlords...
David Fileger
I'm looking to finance a hard money loan I used for a foreclosure, what's the best way to do this with poor credit.
I just recently purchased an investment condo out of foreclosure (have three other there already) however, I had to use hard money to acquire the property to the tune of 18% over a year and a half with a balloon paym...
Samuel J Gonzales IV
What are your experiences with Hard Money Lenders?
I'm currently looking for lending for a property. Me and my business partner might have to go with a hard money lender and I'm just curious on how any of yall's experiences have gone?
Shane Vork
Refiancing a commercial loan?
3 years ago, we locked in pricing to buy our current commercial building for a fair market value at the time. In 2021 we bought the property for the agreed amount from 2019. Now that we have renovated areas of the bui...