James W.
Redemption after Sale of REO.
Hi guys - What happens if the foreclosed owner tried to redeem the property that I have bought from the lender?The property is no longer with the lender - so does he take it back from me?Does the owner pay the lender,...
Joel Harriger
VA Loan | Wholesaler Using Flash Cash | Closing Disclosure Issue
Hi All, this is my first post.I am about to purchase a house from a wholesaler who will be using flash cash and wants to do double closing hours apart. Where we are hitting a snag is I am using a VA loan and my lender...
Santosh P.
Please advise on my first multi-family
Hi All,I am in contract with one small duplex in Bakersfield CA area(zip code - 93305) and need some guidance from expert investors to see if these numbers make sense.Offer Price: 100k (1bd/1ba and 2bd/1ba) - 1500 sq ...
Brad Fausett
When you analyze a deal, what is your target cash flow?
So I wonder what most of the other investors with multifamily rentals in the CLE market strive for number wise? I am not sure if I am expecting to little or too much? I am using the 50% for expense rule, after that...
Charles Montgomery
Not Finding Deals, or not Looking Correctly? Examples Inside.
I am looking at properties to buy. This will be my 1st investment, I have been looking for 3 weeks, spending countless hours trying to get a feel for what a good potential property would look like,In every case I find...
Clint Saenz
Building Apartments
Hello my name is Clint. My friend and I have been talking about this Idea that I came up with 3 years ago while I was renting a room in a 100 year old house. I wanted to buy that old house and remodel it to be six sep...
Christian Lincoln
Tenant Damage...help, please.
2 year lease. Really nice 4 bedroom. New Yorkers who have never lived in the country, now they want their security back after the following:1. Let the oil run out, 13 breaks in the pipes, new pipes, new ceilings. I ma...
John Clendenon
How to structure a flipping partnership?
Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
Brandon Reed
Any Experience with a 203(k) Loan?
Hey BP!Can someone who has used a 203(k) help provide some perspective on their experience? Positives? Negatives? Would you do it again?I know there can be a ton of paperwork and logistical headache...but what the lo...
Justin Wilkey
Appliances - Where to buy
Does anyone have suggestions on where to buy appliances that cater more to landlords? I have 16 units and I figure I'm going to be buying a refrigerator 1X/year at a minimum. I've been dealing with the big box stores ...