What kind of cars do you guys drive or have? Do you lease, own, or finance? I would like to know before my real estate journey. I currently drive a 08 BMW 5 series and it is killing my savings for my down-payment. Ins...
Hi BP!I had a quick question.... If you use and FHA loan for 3.5% down on a small multifamily property can it still cashflow (or at least pay mortgage) if I live in one of the units? Or will I have to put at least 20%...
Looking for investors to tell me their story of how they started.. Good or bad, how well or badly your 1st, 2nd, 3rd deal went. Real life scenarios create great teaching for newbies.
THis would be my first deal.
I found a house for sale in an economic thriving neighborhood. Nice homes, no crime, its growing development wise, everything checks out. The house 3 Bed, 2 Baths. $160,000. So to my non-...
Hello BP!
You can definitely say that I am a "newbie" to real estate and BP. I am currently a high school senior and I have recently been introduced to the world of real estate investing. I will be attending the Uni...
I am new to the real estate industry and I'm trying to get started on the right foot
Hi guys, due to my credit score, most banks will not entertain me. Long story short, I'm able to buy the ABC property without any mortgage with my personal savings to start but of course it'd be wise to use bank's mon...
So I’ve lost the Majority of my offers to cash buyers. I’ve saved quite a bit but not enough to Start cash bidding. I also have a 2\1 house here in Chattanooga tn. 895 a month rent, mortgage w/escrow is 510. According...
Hey guys! I had posted a pretty long thread yesterday that didn't gain much traction, I'm thinking it's because of the length. So I'm breaking it down into small parts.. here's the first one with my first question -- ...
Introduction
Investing in real estate is kind of like playing a board game.It's all about making moves and decisions, hoping they'll pay off in a big way.But, similar to board games, there are risks in real estate.Th...