Account Closed
A Glimpse of My Personal Finances and How to START
Although this is a new account, I have been coming on here for a few years. I have listed to every BP podcast, read some books etc.I have been interested in investing since 2015, when I listened to, yep, you guessed i...
Jason Greenway
Ive Always Been One For Thorough Checklists...
Okay, I admit, I am one for checklists and getting everything done, then moving to the next step. I am at the beginning of a 'buy-and-hold' strategy. Just want to make sure I get my affairs in order, so I wanna run th...
Jason Franklin
In the process of purchasing a forclosure, I need advice! Its appraised at 64,500. The realator says i can get it for 30,000. Its a two bedroom with potential to be turned into a 4 bedroom with 2.5 baths.
So the delima I'm facing is I have never purchased a home. So should I start buy using a fha loan, live in it for a year? Or purchase it and start getting postitive cash flow right away?
Karthik Natarajan
Setting up LLC out of state
Hi All Looking to guidance on setting up LLC. I have one property in California and looking to purchase a second one out of state in Omaha or Georgia. I woudl like to move my current property under a LLC and purchase...
Aamir H.
Looking for banks without Seasoning requirements
Has anyone worked with a bank that can do a conventional 30 year cash out refi without having to wait the 6 month seasoning period. Preferably would like at least 75% LTV. Currently in a deal all cash already got it ...
Daniel H Truex
LTV = No money down?
I have a two quick questions that I am hoping someone on here can help me understand.I have a possible deal where the (commercial) building will appraise for well over what they are willing to sell it for (30% +/-). ...
Ryan Kuja
Need Advice on Financing- SFR Under Contract in MI
Hey BPer's,I need some insight from you more experienced investors. I have a foreclosure under contract in Michigan, a 4/2 that I'm going to owner occupy. The ARV looks to be around 155-165K, purchase price is 86K. Ne...
Chris Seveney
Guy is crazy - bought 1/2 condo building
Met a friend out and one of his coworkers joined us. We ended up talking some real estate and this individual (Jeff) noted he recently bought 5 of 10 units in a condo complex. Reason he did it he said was they were al...
Adam Adams
I would put real estate against bitcoin any day, every day!
I would put real estate against bitcoin all day, every day!
There is more power in rental real estate than people realize. For example:
Everything I bought this year I did it with just 40k out of pocket and I am gro...
Roxxy Marshall
Contracts
What are some contingencies and exit clauses to include in my PS and assignment contract to protect myself? I am looking to create them myself then take it to an attorney in my state (Delaware) to review. Can someone ...