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I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%. Currently, it has $150/month cash flow. If I refinanced to an 80% LTV, I could get $180,000...
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Hi. Are investors buying in 2023? I want to wholesale SFR's in all of California. I don't want to waste advertising funds if the market is down.
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hey guys,I just purchased the book rich dad poor dad and started the first 50 pages and decided to do a little investigating about the credibility. My question, why do so many people back the book if there is so much ...
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Hello BP collegues/friends, I work and live in Miami, FL; and I invest in out of state rental properties. I recently was recently awarded $100,000 and I wanted to get advise on the best way to use the funds and make a...
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Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...
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Every business needs to watch the "Numbers". I'm not talking about the Profit and Loss statement (although very important), I'm talking about your Closing Ratios. Wholesalers, please comment with your ratios for th...
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Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...
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this is a fun one but also could be a reality for me. I am curious to hear what people would do....
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Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors. My questions are--1) Do you have the t...
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Guy filled out application, listed his dog as only other tenant. Income of $90/year with one year contract, only debt is one credit card in good standing and a deferred student loan, good rental references. After sign...