Michael Eastland
Would You Own a Rental Property that's 200 miles Away?
I am a new potential investor. I'm still lurking, reading, learning here. My long term goal is to take early retirement from my company within the next 2 years, and buy a couple of multi family properties to supple...
Javier Torres
Making an offer on a flip
How accurate is that 70% rule. If I'm not mistaken it's, (70% × ARV - repair costs = Mao). Does everyone use that and can it be applied in any area?
Dustin Montaie
Homstead Multiplex Property in Georgai
Hi BP Community,I am newer member to the BP Forums, I have a general tax question. I am considering house hacking a multifamily property, triplex or quadplex in the state of Georgia.Since I will be an owner occupant ...
Richard Byrd
Subject To Deal w/ Land Contract?
I’m working on a deal for a 2 apartment commercial property (office conversion). Seller is asking $68K and owes $67K. The property is assessed at $82K and would likely appraise at $90K+. Both units are rented and gros...
Abad Marroquin
How many units of tour own can you manage yourself in Georgia?
Is there a limit on the number of units you can manage as the owner in Georgia? I currently manage 8 units myself. I plan on hiring an asistant to help me, but I would be the one who would be acting as the manager. A...
Jesus R.
Realtor License; Can i apply for one under an LLC?
I am a felon and want to apply for a Realtor License I qualify to get my charges expunged since this happen when i was younger but I cannot afford it at the moment, I paid the consequences of my actions with one of my...
Account Closed
Great tip for my Military Veterans
Hello everyone, I just wanted to give 2 tips to my military veterans on what could help then get a head start in the RE world. Before i get started just wanted to disclose that I am not affiliate with any of the compa...
Solomon Oh
Notice of Sale (Auction) vs Notice of Sale (Lis Pendens)
HI BP Land-I am trying to bring in consistent cashflow from wholesale deals and am starting to really focus on the distressed properties. I've come across two types of properties one being an auction -Notice of Sale &...
Jan Kutrzeba
Financing fell through last minute - how can I save the deal?
Hi BP,My lender (a local bank in PA) pulled out only a couple of days before closing. Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is workin...
Hyeonji Oh
What's the benefits of 2/1 buydown in our situation..?
I’m trying to buy a house in Phoenix using a second home loan, putting 10% down.I'm trying to understand why anyone would choose the 2/1 buydown if you end up paying the same amount of money, whether you select the 2/...