Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...
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Hey everyone!So I’m looking to buy a duplex at a price of $118k. It’s a 6 bed 4 bath duplex and is 3 bed 2 bath each unit.The ARV looks to be around $250k.One unit is currently rented and the other is vacant.My plan i...
Okay I don't understand lets say for example a house ARV is 319,000 and the house need 35,000 in rehab and I get it down to 94,200 the (MAO) on the purchase and sale agreement. Then I find a buyer and sell the contrac...
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Morning everyone. My husband and I are just starting, no deals yet. Got a call from a prospect. He has not said what he will take for his modular home on 5 acres in southeast El Paso County (saying he doesn't want to ...
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I might be getting a deal sub2 original loan, but I'm unsure who I would pay if this happens. Do I pay lender directly? Or the seller? Or do I even go so far as to pay a 3rd party who then pays lender? If the last opt...
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alright hows it going guys?
my name is Charles and like the subject says im from new york. I will be 21 years old in July. I was contimplating on blocking my age because i really want to be takin serious as a pote...
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Hey BP,
So i have found a property that is 6 units with each unit being an "efficiency", besides one unit being a 1 bedroom. The list price is under 200k and rent revenue seems to be at LEAST $2150 a month on an $11...
There is no doubt in anybody's mind that 2020 has been one heck of a year so far. I'll be the first to admit I don't think it is done messing with us just yet. Through everything that has been happening, lock-downs, e...
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Hey everyone,Right now, I am feeling very thankful to have bigger pockets to go to for advice! Thank you in advance for your replies! I am hoping to write an offer today if I choose to go ahead with this purchase.I am...
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Bought a 2bed/1bath for 18k cash. This is my first flip and am learning a lot as I go.I thought rehab would cost me 10-15k. I am now hoping to stay just under 25-26k. Had to gut the entire thing for numerous issues, l...