Hello everyone.  I'm trying to get some opinions about a duplex we have.  It cashflows $1100/mo after all said and done.  Mortgage 72k. agent is confident in 250k sales price.  Take the cash to invest if/when the mark...

Hi everyone I'm beginning the process of building a rental portfolio. Most of the conventional lenders that I am talking with require at least 20 percent down and I can only have 10 mortgages against my social securit...

I've been coming up with a strategy for buying properties with a minimum of 15% ConC return. When looking at properties in the area and the amount they rent for they seem to hit the 20% ConC return easily. This is w...

Hi BP community!Looking for some experienced assistance to help me through a negotiation for a 3 unit block apartment building built in the 70's with a slight sloping in the floor-plates towards the centre of the stru...

Lumber Prices Notch Records on Building, Remodeling Boom

Lumber prices have shot to fresh records, defying the normal winter slowdown in wood-product sales in a sign that the pandemic building boom is bowling i...

Hi all,So I've been running a bunch of deals to familiarize myself with markets and the systems and ran into a bit of a hiccup. I plan on using a HML for the property I buy. The issue is there is no place to input HML...

I'm looking to raise money through private funding.  Some to have ready, and some per deal.  When working the deal with the private lender, how are most of you breaking it down.  Let's say you're requesting $100,000 l...

Hello will purchasing a property under your LLC with no personal liability increase your personal DTI?  We are looking to purchase another home this spring via conventional mortgage, we are selling our primary home an...

Hello everybody.  First time poster looking for some help.  I find it is much easier to learn from examples, so I've tried to put together my own MHP scenario.  Would greatly appreciate any responses (questions at bot...

Unfortunately I've been on a bit of a hiatus since my last post. Below is a brief walk through of my journey in purchasing my third single family rental in Memphis, TN. I made plenty of mistakes when I made my first t...