Hey BP, As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evalu...

Hello BP community! My name is CJ and I’m relatively new here. I would like to get into real estate investing to achieve financial independence. I am in the process of raising capital for my first deal. I have been li...

Getting pre-approved for a mortgage is an important step in the home-buying process, as it gives you an idea of how much you can afford to spend on a home and can help you stand out in a competitive market.Here's how ...

Hello-I suffer from a de-generative spinal disease and most likely will be receiving a federal disability in the future. I live in NC.  Is it possible to have an entity for investment purposes if I am not drawing a sa...

I'm analyzing one deal per day. I came across a house that needs work and seemed like a great BRRRR, but after calculating the numbers, I'm not sure if it's worthwhile. I calculated 6mos of rehab/holding time and 6 mo...

Brand new to RE investing and motivated to get started. Does anyone know if there is a penalty for converting a Roth IRA to a SDIRA to purchase an investment property? Research tells me that there is not a penalty as ...

Hi guys,

I'm curious as to how the pros go about hiring workers and what are the average rates you pay?

Do you usually hire a "company" to do the rehabs? or do you have a trusted contractor that you kee...

Hello all! I have a question about the owner occupancy clause of an FHA-backed loan. I am looking to use an FHA loan to finance the purchase of a great Triplex that I found in Rhode Island. I currently live and work i...

What does everyone think of 401k's, ROTH IRA's, etc? Would anyone cash in a 401k to pay off an investment property? Some doom & gloomers predict a 5000 dow by years end. Is it better to diversify with 401k and RE?...

Hey guys,

I am now shopping around for lending on the Quadplex. On the podcasts I hear conventional vs. commercial and understand the pros and cons of both.

I am wondering what you guys are doing. This is my first ...