Hi everyone!We want to get into MF (2-3units to start) doing BRRR... and rent out for Mid term rentals.We see a house that meets our buy box, and our investment goals are;- $300 gross profit cash flow per month- 30% e...
With this loan, do properties have to be "Turn Key" to qualify or can they be used on fixer uppers?
I'm thinking about buying some property in the general area <$200k. I want to avoid the bubble of Seattle proper. I'm a little bit familiar with Tacoma, it's a possibility, but wanted to know if there is an area in...
Hi BP..
I need help on a possible investment deal. I found a townhome with an asking price of $149900. The comps in the same community are between $250-284K. I have horrible credit and a little down (not 20%) my roo...
Hey there!Hoping my lack of BP activity doesn't turn people away from my question. Been gaining experience/knowledge about real estate investing and rehabbing through first hand experience the past five years with my ...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...
Hard money lending seems to be popular in my area and every lender that does it just raves about it. I would like to know what the drawbacks are and things to look out for from the lenders perspective? Aside from ha...
I had planned on writing a very different post today. A triumphant post outlining the details of my very first wholesale deal and what an unmitigated success it was. Alas, such was not the case, as the deal fell throu...