I'm currently renting for around $1000/month and am looking to get into investment properties. I'm currently in talks with a seller who has a 4 unit (2 duplexes) for sale that is being used as a vacation rental bankin...
I have been searching for a duplex for around 6 months to do an owner-occupy to begin Real Estate Investing. I have just found one that I'm interested in. It is a FSBO. I currently have had a realtor who has showed...
Well we finally finished the rehab on our first flip in Arlington, TX and listed today! Unsurprisingly, we were over budget and past schedule but are excited that the Dallas-Fort Worth market is so hot...we are hopin...
Hello BP world ! I am currently working on my second deal. My first property is cash flowing nice and learned a lot from it but that’s a story for another time. I currently have a single family house under contract fr...
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
I keep hearing that if you want cash flow, buy in Ohio. I have been analyzing small multi family properties in Toledo, Akron and Cleveland areas. When I plug the numbers into the Bigger Pockets calculator, I am ALW...
Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Hey BP, I just wanted to share my most recent flip. This was in Los Angeles. This is my 6th flip and I haven't had a chance to share every single one but I'm pretty proud of my accomplishments in the last 2 years sinc...