Any suggestions on a local bank that offers portfolio loans? I have seen some recommend Southstar and that might be a great option but they don't have a San Antonio branch so making the initial deposit to open the b...
I've really been enjoying BP - from podcasts to blog to forum, it's been extremely valuable. This is my first post to the forum so go easy on me. :-)I have a question about a rental property which used to be my primar...
Hi everyone,I need help with structuring a private money lender deal. I have a rehab that is almost done. I'd like to purchase the property instead of listing it. I have a private money lender, but I just don't know h...
I'm writing to share the story of my first REI deal finally closing! I started an LLC and bought a cheap, dirty, nasty 3bd/1bath house in north Texas. I spent 6 weeks renovating the house and it cleaned up real n...
Side by side duplex. Last sold in 04 for 175K. reasonable rent for each side is $825. Here are the numbers:
20K in repairs
Taxes are $2400
INS is $2000
Separate utilities except for water and trash: ~$1...
Hi everyone,
I have a house under contract for 37,500. I have not been able to wholesale it. I just found out that the property is in pre-forclosure and the mortgage is a non qualifying assumable. the balance is 14,00...
So I have an LLC that is owned 50% by me and 50% by a business partner. He's identified a house we can purchase with owner financing and only $5k down. This property currently has a tenant in it with a month to month ...
Hi everyone,Absolute newbie here wishing I found this resource a few months ago! I was hoping you guys could chime in on my first investment property in LA I'm currently in escrow for, which is also a house-hack (I wi...
Hello Guys I am a newbie and I am getting involve into real estate I am searching for deal like all of us do , and I came a cross a deal on County of Cumberland NY I need to know your thought on if it is good deal o...
HelloI am trying to see what would be the best option my mom has a home and she wants to down size for ease of her age. I want to keep the house and do short term air BNB. She’s thinks it be best to sell. We are in a ...