Cristian Guajardo
New investor - am I doing the analysis right? Expected hit rate?
Hey everyone, new member here and looking to find my wife and I's first deal. I recently got introduced to BP and have been wanting to jump in, but responsibly so. My wife and I are in our mid 30s and are both W-2 wi...
Account Closed
LA Flippers: What is your expected return of interest per deal?
Good afternoon everyone,I would like to know on average, what is your expected ROI for a Fix and Flip in the Los Angeles County?I know every city is different, and it depends on the project... But in average, what num...
Cin Ng
What to expect at Sheriff Sale if modified loan is underwater?
I'm new to all this, but what if it looks like the loan was modified and then defaulted on? What is bank bidding protocol (in Cleveland area)? It seems most cases are bought back by the Plaintiff bank. Could there b...
Oliver Pham
Wholesaler expected us to pay for attorney fees after backing out
Long Story short, they keep on changing the closing costs to the point that we were about $1,000 short. Now we decided not to close and they agreed to return the EMD. On the release form though, the EMD we only are ge...
Justin Cabral
What type of ROI can I expect on a $2,000,000 MF?
Thank you for reading my post. Please let me know if I should be posting this in another category. I'll start by saying that I am a newbie. Other than my primary residence I bought in 2011, I have yet to make any move...
Mike Tamulevich
What are the authentic moments you remember that you didn't expect?
When challenges arise, it can be hard to remember how many AMAZING moments there are in Real Estate. It's so much more than the deals we close. When I entered the SFR space. I expected to remember & be proud of al...
Frank Weiland
Expected Interest Rate and Mortgage Points/Fees - 3 Month BRRR Loan
I am looking at my first real estate investment in the Clearwater Florida area 33756 zip code in Pinellas County. It’s a 3/1 home 846 sq ft. Purchase price is $158K and needs 50K in rehab. Short term loan (3 months...
Katie Camargo
House appraised for more than expected- should I change my strategy?
Looking for advice as I am a relatively new investor: I found a house with positive LTR cash flow projections and negotiated the seller to under-asking ($340k). Our plan was to use a DSCR loan to finance (25% LTV). I ...
Ryan P. Kotschedoff
What will a RE brokerage expect from a 16 year old intern?
Hi BP,I am currently 15 years old and turning 16 in about a month. I plan to be an intern at a brokerage to get the most experience I can as early as possible. I have been studying real estate for a little over a year...