I took a contract job a month ago in Phoenix where I organized as a 1099 contractor for tax benefit. Now lenders won't give me a loan. I am in the same industry and could switch back to W2 for a big hit in income. I w...
Let me begin by stating that I’m by no means a professional real estate investor but I’m looking to take my fist steps in building cash flow/appreciation as soon as physically possible. I’m interested in getting my to...
I'm trying to see if it is possible to get cash at closing when buying a REO. I'm interested in one that is listed for $90k but needs about $20k in rehab. this is still well below FMV, but I don't want to "suck" up th...
Hi All, I am a newbie RE investor and currently using /learning with a mentor to do my first RE investment. My budget is around 80-120K for my first investment and I have explored those markets below:
Cleveland OH...
Hi Everyone,First time posting here! Bit of a back story, I am a rather new investor and currently have (2) rental properties in my portfolio. I do work a full time 9-5 job and balancing both can be challenging. I wan...
My wife and I found a partner for an STR who is willing to to pay down payment, decor and rehab costs, while we would secure traditional financing (jumbo loan at a competitive rate), build a team in our vacation marke...
Hi,I'm new on BP and I'm trying to get acclimated with the brrrr calculator. However, I'm having a hard time estimating rehab costs considering I'm a newbie. Im in the phase of just practicing analyzing properties bef...
Hello, I continue to question my investment in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in i...
A real estate investor's guide to financial planning and personal finance software whether you are budgeting, investing or planning.
There are a zillion investing and financial planning tools out there. We are only ...
Does anyone know if any banks would allow an investor to self insure their properties? I asked a few of my bankers as well as friends in insurance and no one seems to have an answer. My issue is, with over 80 homes ...