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I'm considering transitioning to full time flipping/investing, starting with about $500k of capital in Seattle. I'm looking for feedback and input as to possible approaches. As a quick background I'm a mechanical engi...
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Hi, I'm under contract for my first property, a 4-plex. I received loan estimates from 3 different companies (30 yr conventional). Two of them are in contention. 1 has a lower rate by 0.25% and the other has closin...
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I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
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Hi BP Family,I have this situation and I wanted to know your thoughts... In November, my tenant sent me an e-mail saying that they were moving out on Dec 2, 2018 because they are buying a house. They said they were pl...
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This is my second rehabbed property, which was just completed today (and listed today). So, the jury is still out on whether or not this can officially be considered a success story. Let me know what you think.I pur...
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So after a great discussion with Ryan Webber (who is THE MAN btw, THANKS RYAN!!!), I've picked my basic areas of town that I'm going to target. Now I'm going to do some research on my own, but I also plan on utilizing...
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I went live with my first STR just a few weeks ago. Bought a 1 BR cabin in Broken Bow, OK. Since going live I've been doing everything I can to try and 'dominate the algorithms,' considering I'm both a new owner and n...
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I worked a regular job, ran a business of my own, then became a stay at home mom.
I have a 3 year old and I take care of her at home all day. Taking business calls would rarely be possible without my child yelling/...
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Hello BP,I came across Temple View Capital and of course was amazed.... the first draw available before the work is completed??? Get out!! Their site looks nice and pretty transparent, although the FAQ about pre-payme...
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I want to know who uses loan doc software to create their NOTES and disclosures when they lend their own money? Who do you use and why? I usually have the title company create the NOTE for me with their generic prog...