Matthew John
Question About BRRRR
Hey guys - I'm in the process of finding my first deal & confused a bit by the numbers. Let's use this example....I buy a house for 140k that needs about 10k worth of work. I spend 150k total. My monthly mortgage ...
Kimberly Harten
Down Payment Strategy
New investor in Northern NY. I have an 8-unit residential pending contract submission for 120k. ARV is 150k; which will likely be accepted in northern NY. If appraisal comes in the same or more I'll have at least 20% ...
Dan Tsunekawa
Over Leveraged? Or smart with Cash?
Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
David B.
Real Estate IRA vs. Solo 401k
So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...
Sterling Hall
Performing and Non- Performing Notes
Has anybody on BP had any luck with transferring from flipping houses to flipping and holding notes. Seems like the next step for me since shorts sales and REO has dried up. Any opinions on this subject would be appre...
Jake Thomas
9-5 M-F or 7 days a week Realtor
I have been selling real estate for around 5 years now and always wondered if I work too much. My family is about to grow by one here in a few days (first child) and I wonder if there is any real benefit to being a re...
Amir B.
CAP Rate or Comps
Hello BP Community,This question is for the savvy REI's out there. When determining what is a great investment, what is the best way to go about it?here is an example of a property for sale in my area:Duplex809 N Hobs...
Ron Cole
How should the assignment contract be worded to protect me
Hello BP....I was wondering about the assignment contract and how should it be worded to protect me if the buyer backs down or whatever else that can go wrong. I may have my first deal on my hands. A multi-family 5 ...
Juan Campos
Mortgage broker or realtor ?
Hello guys, Juan here with another question for my fellow investors and knowledgeable veterans, what is the difference between a mortgage broker and the realtor ? Should I go with a realtor to help me find my first mu...
Taylor Green
Cap rates for MFH in B.C.
Hi there,
Great to see an entire section dedicated to Canadians, I love it...
Anyways, I have recently started investing in the U.S. only because that's where I'm located for work. I am originally from ...