I have the option of buying a 4plex at 94,000 (Cash) that's generating 1,460 a month and 17,520 gross yearly. They all are occupied at 365 a month and are paying there own utilities. My NOI would be 13,156 and I got t...
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Ok so I wanted to see if I could bounce my report off of some of you seasoned investors. Couple things to note...I low balled the ARV by about 5-10k since banks usually don't give market value appraisal for refi's. I ...
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Hi everyone,I'm considering making an offer on my first property. I'd love to get the advice and wisdom of the BP community on this deal. What have I missed??The property is a 4-plex in a nice family/community oriente...
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I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
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Hi:
I'm trying to get the input of BP rehab/sellers & and rehab/renters in the Dallas Fort Worth area on the average wholesale price they are actually paying for deals. Meaning the percent of ARV on actual deals...
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I've read a lot about refinancing and how it is a good thing. I have a few thoughts that for me feel like refinancing may not be the best thing.My primary residence I owe about $309,000 and it is currently worth about...
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I have been a Active duty Soldier for 17 years and I am coming up on retirement quickly. Just turned 35 a few months ago and can not imagine starting a new career after 20+ years of service.
So I invested over $3,00...
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As everyone is aware Houston is going through something epic as well as much of the coast of Texas. My thoughts go out to everyone along the coast that has been affected. There have been millions of people affected by...
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Hey BP! I live in Phoenix, Arizona am about to start my flipping business in a few months. I'll have $300,000 to work with and was planning on doing my flips here in Phoenix but was wondering if anyone would recommend...
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I was writing to ask your advice. I sold one home this year and i am trying to releive some of that tax burden by buying a 4 plex with less than 90 days to go. I am being told i have too many mortgages, 12. I have a g...