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We have had a house listed with a realtor. We started at $254 looking for an owner financed deal but ended up getting the house under contract at $227 with traditional financing. The buyer has not been able to sec...
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Hello everyone I'm a fairly new real-estate Investor looking to do my first deal. I'm a truama RN by trade and hoping to obtain financial freedom. I'm living and hoping to start investing in the Seattle-tacoma area. I...
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Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
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Will this drive more people migrating to California from other states or will people shy away from living in California? Or should you go oos?
My brief understanding of the new law:
Senate Bill 9 is a bill that al...
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Hey all- I'm an investor in Austin, TX and have been investing in real estate here for about 6 years. We're considering some investments outside our of local area and wanted to get some opinions from the BP community ...
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The Biden administration has me a little nervous. I have great tenants. It appears that there are some radical ideas being tossed around by some members of congress such as complete rent forbearance and forgiveness al...
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I’d like some feedback on how the bp community feels about my situation. I looked at a home w/ realtor but know the owner very well and had discussed it previously.I plan to put in an offer on Monday for a rental prop...
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Hey folks, I'm interested in opinions - pros/cons on this strategy of new construction for STR income. I am in my DD period with a contract on the lot for $89k. Here's my projected numbers on the deal: My income/expe...
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Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
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Hi,
Hope you are all doing well. I am posting on this forum for advise on marketing / selling a current real estate deal.
My partner and I recently bought a fix and flip property in Dallas, TX. We purchased it as o...