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So, I get a hit from a motivated seller from Lithonia, GA. The property is a 1,300 sqft. 3 bd 2 ba SFR with a community HOA. After nearly 10 years, they decided to enforce a policy that stipulates, that the propertie...
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Hi BP,2 part question: 1. Can I start an SD IRA (or solo4 401K) without forming an LLC (fees would destroy ROI). I am looking to invest in performing mortgage notes that are passive (no trading, note terms longer tha...
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Hello BP community,Here is the situation. I'm really itching to get started with an investment property. I'm looking to buy a HUD/Fannie Mae forclosure paying 3.5% down. The issue is I'm only 2 months into a 12 month ...
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My wife and I are wanting to begin acquiring some rentals but need some guidance. We have been to previous REI meetings when we were in another state but really didn't see much value from that at the time. Lots of b...
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A Brief Introduction
We recently just completed a BRRRR deal on our primary residence in which we are also house hacking!
Location: Louisville, KY
Purchase Price: $145,000
Rehab Cost: $43,000
ARV: $265,000
Re...
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So I recently ran into something that caused a conundrum for me. So I'm currently partnering with someone who's helping me find my first property to arbitrage. They told me that they found someone, and that the landlo...
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Duplex
Asking Price: $150,000
Gross Potential Rent: $1,900/month ($950/unit)
Taxes: $263/month
I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.
Here's the catch: I on...
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OK, this is a 1st for me... seller reached out to me regarding her home and come to find out, it's a hoarder house. The area where the property is located is pretty ok. Kennesaw, Ga. close to golf course and next to t...
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Being short on capital and need cash or financing asap. Please help me figure out my best options. My primary residence was just refinanced with 80% LTV, worth 144k, note for 115k. I have a duplex rental worth about 1...
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Hey guys,
I'm back in the Real Estate game after a bad flip sunk me 5 years ago. I'm a Journeyman Electrician and am getting my masters in march. I plan on going out on my own and doing electrical work half t...