Scott McCloy
New Member from Pittsburgh Area
Hi everyone!
I'm from the Pittsburgh area looking to expand my knowledge and holdings. Currently I have one property and I should be closing on my second property in the next few weeks. I have currently been searchin...
Christopher Williams
Best way to structure this deal?
Greetings everyone, I am currently working on a deal now and would like your opinions on the best way to structure it. Property value due to comps is roughly 55,000. Mortgage in place is at 28,000 owed. Repairs range ...
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Lender & Investor??
Just a question that may have been covered previously.
How do you pitch a deal to a private lender, who is also an investor themselves, without the fear of them "stealing" the deal. Or does this not come into play?
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Drew Slew
Basic CashFlow calculations on 1br condo
Hi All, Want to run through some basic numbers with more experienced people here, see if all is right. Generally i read the 1% rule, renting out something for more than 1% purchase price. 6+% cap rate is good etc. I a...
Amen R.
Best way to purchase first property with 50k
Hi I am looking for suggestions on how to purchase my first investment property. I currently own my own home which is a 390k loan. I am have 50k cash ready to use on a flip or a brrrr. I was wondering if it is possibl...
Logan Addis
Rent to own or lease option investment?
My dad has a house and some land that he was going to sell to my stepsister in a land contract at 3% and $300 a month and 55k total. That would end up being about 18k in interest. She backed out of the deal. He was re...
Kyle Guida
Tax help for owner occupant
Is there a specific percent you can write off and still be considered owner occupant ??I have a 3 bed 1.5 ba house 2 car detached garage . I own a landscaping business also . My tax plan (all of which is true) was to ...
Nick Miller
Buying first home with seller financing
Hello BP community, Looking to buy my first rental property. My uncle has a property that has one tenant upstairs already paying $700 a month and could rent the downstairs after some painting and light renovations fo...
Marco Cruzatt
Looking to buy a duplex or a 4 unit as my first investment.
Hello guys,I'm looking make my first deal. I don't really care about living at a nice home therefore I dont plan on living in the property. My plan is to purchase a duplex (Or 4 unit if the bank allows me) and have my...
Tyisha G.
Building Capital
Hello Fellow BP Community,I am a new to real estate investing and wondering in addition to building education, how do you get started? Particularly, how do you build up your capital to gain enough to invest into an in...