TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
Looks like some markets are begining to feel the effects of higher interest rates, a "non-recession" recession, and loss of confidence in the job market. I'm sure it's just temporary & will heal like pulling a sca...
Hello all. This has come up a few times in our rehabs, and I've been pretty worried because we had a property in the past where the buyers backed out due to low appraisal. Has anyone dealt with the 2nd appraisal com...
This would be my first venture into real estate so I'm not sure how to go about figuring out if this will work.I would like to build new houses to rent.I'm unable to do any of the labor and quite a bit short on cash.H...
Here is the scenario:I find a house that is being sold way under market (perhaps a bank foreclosure, auction, etc.) and that doesn't really need any repair. (It may not look as good as the other houses in the neighbo...
I originally was going to send this as an email to a couple of investors I know that may be encountering the same issues or have already overcome them, but I realized I would be missing out on some potentially grea...
I learned so many lessons on my first flip. I bought this house in July 2016 from a wholesaler in Ogden, Utah. I wanted to share some of the most valuable lessons in case they helped someone else out in their real est...
Been reading some interesting post on BRRR experiences so figured I'd share mine as well - NIGHTMARE!!!!-----------------------------------------------------------------------------------------------------------------...
From my understanding when using the BRRRR strategy you first buy the home (private lender, HML, Cash) then after the "seasoning period" you can do a cash out refinance with a conventional mortgage. Can you just get a...
Hello everyone!I haven't posted much in the BP forums but I'm finally committing to jumping head first into wholesaling.I'm checking out different all-in-one software platforms and came across "REI Automator".Does any...