Hello everyone,When buying a car a bad engine or transmission could be deal breaker for most. Which piece in a home would you say is equivalent? Something that is foundational and that will cost so much work that its ...
Hi all.
Please review my analysis of increasing my return on my ‘paid off’ rental property.
Today I read a book that described cash on cash return vs ROI. and I’m thinking about obtaining a mortgage to get a better ...
I have read that when doing certain loans the lender wants you to stay in the property for one year. I am assuming this is to deter investors from these loans as the down payment is usually lower that investment loans...
I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...
My brother and I are currently have a contract to purchase a triplex in our area for $134k. We are planning on doing conventional financing at 75% LTV which makes our down payment and closing amount around $40k. Ori...
Good morning BP Fam. Quick question. I have an investor that purchased a property with several code items lingering which we knew about. What we didn't know about was an open permit from the 80's. Is there a docume...
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Hello everyone!I am mid flight of my very first flip and it's going well. I bought very cheap and it appraised higher then I expected so needless to say I was pretty excited. I'm looking for some brutal honesty here g...
I'd really appreciate feedback with regard to whether I should move forward with investing in real estate, or to let the desire go for the time being: I'm 34-years old, married, have 2-children under the age of two, o...
For Investors that are either at the beginning or the middle of the transaction, How do you go about establishing a new relationship with a Cash Buyer?
Do you have prolonged conversations about the kids, and talk sh...