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Results (10000)
Maurice J. 2nd Brrrrr under contract ! 👍🏾
21 June 2019 | 10 replies

I finally have my 2nd rental under contract. Set a goal this year of 4 units and currently half way there. Details: 3/2 single family. Arv 135,000Purchase 72K Rehab budget 25K Rents $1400Thoughts ?

Andrew M Bickett It can't be this easy. I must be missing something?
31 March 2019 | 14 replies

Found a duplex in a decent neighborhood renting for $600 and $550, respectively with a sale price of only $79,000. Even accounting for 25% of rent going to Property Management, CapEx, Repairs, Vacancy etc, my calculat...

Kevin R. Facing a tough decision re: steam heating with a pending sale
5 March 2016 | 12 replies

Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...

Jacob Stone FHA house hack questions!!
23 January 2018 | 16 replies

I'm interested in using an FHA loan on a duplex or triplex purchase for my first deal. As of right now I have a couple credit issues I'm working on taking care of, and what I'm wondering, would explaining to the bank ...

Elizabeth Cook Partnering with a GC - what % would be good?
13 March 2015 | 9 replies

We're considering partnering with a GC who is a good friend of ours. We will be purchasing a SFH and paying for all of the rehab, so we'll have all of the risk. The GC has all the rehab experience and contacts. If he...

Tim Bee LLC or liability insurance
19 January 2023 | 4 replies

I have heard of a case where the lawyer was able to somehow poke holes in the LLC that enabled access to someone's personal assets.  I have also heard of a case where the tenant sued the LLC that contained several oth...

Brett O Simple way to spot a good deal, what do you think?
16 August 2009 | 19 replies

I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...

Vik P. Does anyone have experience with Corevest Finace line of credit?
29 September 2020 | 44 replies

I have been approved for a large acquisition/renovation LOC from Corevest Finance. I am planning to use it to significantly expand my portfolio (mainly BRRRs along with some fix n flips) lin three different markets

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Joel Packard Please help me with deal analysis
21 April 2017 | 6 replies

Here's the deal. I have a seller that has 8 lots with old mobile homes on them for sale. We have an agreement (verbally, going to get it on a contract tomorrow) for me to buy them at $70k each. He will carry a note on...

John McKee Looking at a commercial strip on a corner lot
26 February 2022 | 3 replies

Currently this building is occupied by 6 tenants (one empty).  One is well known, but the tenant says it's their worst performing store.  The site is at a light and is on a corner and the traffic counts seem decent at...