Breelon Bryant
4 plex- is this a good deal? I am a newbie
Quick overview-
Asking price: $164,900
Property taxes: $3440/annual Or 286/mo
Insurance: $500/mo (from FHA home insurance + mortgage insurance)
Rent: $550
No flood zone, good roof, good foundation, central h...
Andrew Runnette
Multi-Property Ownership with a Business Partner
Hi Everyone! My business partner and I are looking for some advice on structure. We already have an LLC to run the business of one rental property, as well as an umbrella policy to cover us even more. We are wondering...
Erik Montes
Doing deals during pandemic
Has anyone had difficulty in buying and selling real estate during these times? Has anyone had more challenges because of the pandemic? Won't it be more difficult with the majority of Texans not working?
Mike Brown
How can I turn equity into cash flow?
With the BRRR method, it seems it's a lot easier to accumulate equity than cash flow. For ex., say I buy a $100k property, ARV is $150k, bank gives me 75%, which is $112.5k.So if I refinance, my monthly cash flow goes...
Leo Hurtado
Out of State tax for a new LLC
can some guide me in the right direction? I just started an llc in texas and im in california/ do any of you know if I need to file as out of state or as if I live in texas?
Sarah Linkenhoker
Multiple Loans in Underwriting
My husband and I are currently under contract on two properties. The first will be our primary residence. The loan is currently in process, appraisal is done but not back yet and I was told it should be headed to unde...
Joshua Farren
What method to find my first deal?
I have been scanning zillow/realtor every day but the delay has already bitten me. The agent I called seemed enthusiastic but he hasn't called me with any leads and I am not getting a reply from him via text now. I am...
Jody Roussel
reo without internal access bid limit
Hello fellow BP people I am getting ready to put in a bid on a foreclosed property that is currently occupied, according to realtor/ zillow current home value estimate is just shy of 144k. it is a 2 unit property with...
Delia Washington
Living in California wanting to buy in Toledo Ohio
I found a property in Toledo Ohio that we might be interested in purchasing for our first investment. There will be renovation expenses so we will need to find a good but reasonable contractor. Do we secure our financ...
Will King
Private Lender Experience
Does anyone have any experience with this lender or know of anyone that has experience with this lender? Marvin Edward George with World Financial Solutions? I'm getting a lot of emails with people saying they are pri...