Ross Carlson
Potential Deal on Mixed use Property w/ Vacant lot
Hi Everyone,
Looking at purchasing my first property with my business partner. The property has a commercial space in front with 2 residential units located in the building.Purchase price: $400k.
Residential Unit 1 ...
Reid Chauvin
Aspiring House Hackers - have you considered renovation loans?
House hacking is viewed by many to be the best way to get involved in RE investing. You are eligible to put less money down and benefit from a lower interest rate than you are in financing as an investment property. N...
Karl Kyler
Fix and Flip - HELOC advice/help needed
Hi fellow BP members,I am currently working to secure a fix and flip. I have gotten a couple of quotes that are up to 200k in repairs. I am considering on doing some of the work myself to increase my profit margins...
Brandon Shaw
Historic Tax Credit Investing
I was wondering if anyone has any experience with rehabbing historic homes using tax credits and understood the process. I'm considering properties in the Norfolk and Portsmouth areas of Virginia where there are a lo...
Konstantin Klitenik
Is my return on discount points calculation correct?
I'm taking out a $740k mortgage at the end of Feb. I have the option of 4.25% with no points or 4.125% with 0.5 points ($3700).Using bank-rate mortgage calculator, I looked at principal and interest about 5 years out...
Christopher Moss
Wholesale: Options When Seller Refuses to Perform
Hi Biggerpockets!Here's a unique wholesale obstacle that I'm struggling to find a solution to. I just wholesaled a piece of land in Tiverton, Rhode Island for an end price of $55,000. Both the seller and buyer were pl...
David Fawcett
Buy and hold in Texas
Hello everyone!I'm a newbie from California. I have been reading a lot of books and listening to a lot of different podcast. I'm looking to buy single family properties in Texas. My thought is to buy and hold these...
Donald S.
Garage rent or conversion?
Hi Guys, I'm under contract with a triplex in South St. Louis, and it has a nice 2 car garage, not a stick frame one but concrete and stucco. Apparently it is really nice, nice enough that the seller really doesn't wa...
Navid A.
New to the BP community!
Hello all,My name is Navid and I'm obviously new to the community, but I have been listening to the podcasts for a while now. I'm posting from Fayetteville, NC. Finally decided to pull the trigger and join the BP comm...
Matt Smith
keeping primary residence as a rental
Me and My wife are planning on getting ourselves into a "live in flip". Originally the plan was to use the equity from our condo in the form of a HELOC to fund the down payment of the home, and keep the condo as a re...