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So I am looking for my first property and I have done a good bit of research and decided that going with an owner occupied duplex is a great way to start. I have found a place that seems interesting for my first prop...
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When analyzing a potential property to flip, what criteria or metrics do you use (or find most important) to determine if it’ll be a good/profitable deal?
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I am an advocate of the BRRRR Method, and I have put this into action this year. I took out a HELOC last year, and got a great rate and am paying interest only for ten years. I used that HELOC to purchase two great ca...
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I'm hoping somebody could clarify these questions that I have about wholesaling:
1.) How do you explain to the seller what you're trying to do? You are virtually asking the seller to give control over to you in ord...
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Grandmother has no retirement. Looking to help her out and buy her house from her accomplishing two things: paying off her remaining balance of ~$30,000 on the mortgage, and giving her enough of a monthly annuity from...
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Hi everyone,
My question is this: I am in the process of purchasing an REO (my first one), we told the bank it is a cash offer but the money is coming from the HML. Is that really a cash offer?
Also, the bank wan...
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When you are looking to refinance in a Brrrr deal, are you primarily/ideally looking for a refinance that offers interest only payments for the first bit? I find it hard to make the numbers work unless I find that kin...
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Hi, I am new to REI and BP, so please bear with me as I try and learn! I've been reading all the books and listening to all the podcasts, but something is just not lining up for me, and I don't quite understand what I...
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We already own 4 rental properties but decided to dip our toes into a rehab project. In my area, it is hard to find good flip properties (Raleigh, NC). Besides, I'm a big fan on buy and hold (at least for a 5-7 year...
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Over the holidays after many calls from these homebuyers wanting to buy one of my rental properties I entertained the idea and signed a contract to sell a property of mine. One part of the agreement is they want the ...