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On a recent podcast a guest talked about writing in the repair costs into the HUD on a cash purchase, then after closing, fixing up the property and immediately refinancing with cash out for the amount on the HUD, wit...
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I own an SFR, 4 beds, 2 baths, 1700 sq. ft., in Houston Suburbs. My current tenant has been living there for over 5 years, never missed a payment but I think has poor credit. His lease is up and I told him I want to s...
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Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
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Does anyone invest in property more that 50 miles from your home? What experiences have you had?
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This is a venting post, so please bear with me.
I just spent 60 days in underwriting with Mutual of Omaha, Chesterfield MO only to be told today that my credit request was denied for "unable to verify income" and "ca...
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Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
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What are your Big Real Estate Goals for 2016? Weather it is to do your first house ever, or to take your business to the next level!!!Lets hear it what they are?
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Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...
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Hi everyone!
I'm a wholesaler who has gotten into flipping. I just flipped my second house and am trying to figure out how much money I made.
I have used a pro-forma profit projection spreadsheet provided to me by...
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To start out my boyfriend Neal and I have only been dating for just over a year. When we met we knew our backgrounds gave us a lot in common. What we didn't realize is where and how quickly it would lead us. We bot...