Kanise Kelley
Higher Education in Real Estate
I wasn't sure where to put question so I suppose it's appropriate here. A couple of months I was dead set on going back to school and getting a Master of Science in Real Estate. I have a bachelor's in civil engineerin...
Brett D.
Newbie's first offer in Santa Clarita (Los Angeles), CA
$489,000 purchase price$10,000 face lift$1698 mortgage (25% down and a 3.75% rate at 30 years)$307 taxes$175 insurance$175 HOA$118 vacancy$29 maintenance$59 CapEx$2561 total expenses$2950 rentDoes this seem out of lin...
N M Clarke
Cash Out Refi for Properties in Trust LLC
I have 4 properties (2 MF, 2 SFR) in California in a trust LLC. I am the sole trustee and also one of the beneficiaries. All properties are owned free and clear (no debt) and we would like to cash out refi so we can f...
TJ Peterkin
Wholesaling and Assignment Deals
Greetings, I'm TJ - I'm live in Raeford, North Carolina and also Houston, Texas. I would like to get started in real estate with doing assignment deals and making capital to turn that into flipping properties then tur...
Jacqueline Coombs
Help! Grand Rapids MI dual use property options?
Hi, all. I need some help deciding what I can do with a deal brought to me by a friend. Property is a two story with a one story side-addition, 3200 sq ft, century-old storefront-type building with 2 1-bed apartments ...
Jeremy H.
showing, application, credit check, in what order?
If a potential tenant has seen the ad on Zillow or craigslist.Do we setup a time to see the house, at that time give them an application form?The application is a template from Zillow, just have personal info and bank...
Matthew Flores
Matt from central NJ ready to learn and earn
Hi BP fam!I'm Matt and I've been a member of the BP community for over a year, but never been involved in posting. I'm from Central New Jersey (732) and will finally be getting my feet wet into real estate. My goal is...
Sky Lin
Down payment for condo
Hi, BP. I am in Phoenix AZ.I am trying to buy a condo in Phoenix area for short term rental. Property price is $125,000. How much do I need to put down? My credit score is 740 and upMy lender told me it is easy to qua...
Christopher Kolasa
Help! I bought a bad deal, but now I might have a good one.
BAD DEAL:I signed a purchase and sale agreement for a home in Chattanooga, Tennessee, Orchard Knob, on the southern end. The property is a single family, 1300 SF, 3BD/1BA, got it for 65k, anticipating $1000/mo in rent...
Nick S.
Loans "recalled"
Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...