Millard Wilson
Purchased first investment property What next??
Hi friends!well after a long wait i finally purchased my first investment property exactly one month ago!!! i am very excited about it because this has been something i have wanted to do for quite some time now. the h...
Kayla Utley
What to do with $150,000
We refinanced our house to purchase a property we were going to run as a STR. Closing costs to refinance were $2500. We had enough home equity to pay cash for the house. Seller backed out on deal. Advice on how and wh...
Shea Spinelli
Too good to be true?
At work today, a customer informed me they had a house for sale priced at 350k, they purchased in May of 2016 for 345k. It's in a premier neighborhood and they are wanting more room so they're selling. They told me th...
Stacey Steele
real estate agents?
I was contacted by a real estate agent who says she specializes in finding fixer uppers for her clients. She says that she helps her clients find the property, helps with estimating costs and resale value, and she al...
Kent Lord
Weaknesses of BRRR? Sell and cash out or Refi and cashflow?
This post is my real life deal, I need to explore possible creative options.Ideal Situation: Is to refinance the house and still cash flow. But be able to have enough cash for a 20% down payment but I would need about...
Harold Lee
Looking to invest in my first property.
Hi, im new to investing. Im looking to buy my first property from a turn key company in about 1-2 months ..I live in California and want to invest out of state. For all of you that have experience what state and city ...
Jim Hewitt
Investing with a HELOC
My wife had an idea to make some money by flipping houses. Using money borrowed through our HELOC she wants to buy a foreclosed house and then fix it up (I'll do the work) and then flip it. I am reluctant to use the ...
Tamara Deering
I know my property is worth more than that!!!
I just got off the phone with a potential investor. He is a tile guy who does high end kitchen and bath remodels and knows without a doubt that he will be a great real estate investor and that he is going to kill it....
Burke Ericson
Repairs prior to 1031
I am getting ready to help my mom sell and then 1031 a property in LA. The current tenants have really destroyed the house and the landscaping, and it really needs work to get it back into good shape. The issue we hav...
Johnny Quilenderino
Steps in the process
Good morning BP,I am thinking about selling my Boston SFR for a MFR in Norfolk Va. A couple questions that I have are as follows:When should I inform a QI that I intend to execute the exchange?- We intend to place the...