Lori Evans
Rental Income on Mortgage Application
Hello,How do you include rental income on your mortgage application when you do not own the property yet? I have heard that people do this, but how is it done? How do I interview people to live in a home when I don't ...
Ayne C.
BRRRR on a 5-12 unit multifamily
How does a 5-12 unit multifamily BRRRR differ from doing it on a SFH? My partner is concerned if we go into a 5-12 unit, we will be leaving more money in the deal and that it will be a lot longer of a project. How a...
Lisa Fryer
Sell or LT rent our vacation home?
Hello BP community. We have a home we were planning on using for our personal vacation home but have since decided to either sell or keep for a rental. Here are the details:2 bed 2 bath 900 square foot 1998 manufactur...
Allen Collier
SFR purchase in flood plane
SFR I currently have under contract. Probably $70-$75k in value, and my contract is for $45k. Plan on approximately $25k in rehab. It has a basement, and I learned today that flood insurance will run about $6k per yea...
Account Closed
A Tale of 4 Cities.............turnkeys
It seems the most common low cost turnkey properties are in,Cleveland, Detroit, Memphis & IndianapolisWhich has the lowest taxes ?Which has the greatest potential for increase in value ?Which has the biggest selec...
James W.
Bridging the price gap with seller financing
Howdy Folks,I'm close to doing an FSBO deal where I seller finance to cover a 15% difference in the cash the buyer has on hand vs the minimum I'm willing to do on the property. Any suggestions on a Texas based lawyer ...
Kavi S.
What's the current price premium for new construction duplexes?
I'm looking at a new construction duplex right on the 495 belt (+/- 1 mile) and I think I'm going to throw an offer down. I'm looking at it for an exercise in house hacking, having graduated from my 3-family in Boston...
Paul Cabrera
Holding multiple real estate licenses in different states?
Hello everyone!I am currently working on getting my California Real Estate Agent License but ultimately, I want to be a full time investor. My question is, if I ever wanted to invest in properties in different states,...
Wade G.
Use Hard Money or Cash for Flips
I am a buy and hold person typically but I need to increase the funds so I am considering a couple of flips. Is there any andvantage to using hard money loans rather than liquid money in the bank to acquire and rehab...
Kevin Chan
Please test out my deal analysis spreadsheet - feedback requested
Hi, I adapted Brandon's spreadsheet into a different format. Please check it out and let me know if there are any mistakes in the calculations or modeling.
My goal is to use it to evaluate foreclosure deals and to d...