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Hello all,
Looking at a 3 bedroom 2 bath built 1970 in a fair part of memphis.
Price 39,000
Repairs 10,000
ARV 77,000
Rents in the area 925
Would you buy and hold?
Thanks for your thoughts!!
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I get contacted almost daily by wholesalers with their next great deal, and it seems like 80% of them just make up ARV's. It seems like they just take whatever amount they want for the property, and add in some guess...
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I have a questionI have property I just acquired and renovated with a Fannie Mae loan. I’m looking to cash out refi, but I have to wait 12 months of seasoning before I can do that. Does that seasoning period apply if ...
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Hi Guys,We have a 5-family property that has 2 section 8 tenants (inherited but good people). Rents have stayed the same for 3+ years. How can I raise the rents? By that I mean-how do I get section 8 to pay more? ...
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Hi BP Community!
As a first time real estate investor, I am currently sitting on some equity on a townhome I purchased in May of 2020 and looking to invest in a second property using that equity as a down payment. M...
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I thought I'd share some quick thoughts on investing in the area after the recent storms we've had. Hopefully some of you will find these insights useful in making determinations on where and how to invest after these...
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Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending.
Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
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