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I picked up a 3/1 SFH in Columbus, OH in October '21 for $82k that had a den that just needed a closet to become an instant 4/1. Original cash flow after a 75% cash-out refi was calculated to have been around $217/mo ...
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I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
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Hello, I am new to BP, I have been watching on Youtube for the last few weeks and loved the content. I am completely new to real estate investing and am interested in the BRRRR method. It does feel a little intimidati...
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I am in the work with a Real Estate agent of buying a quadplex or 2 duplex in the metro Detroit area. Most of the building have some work needed on them so I am looking at a turnkey instead. Would you recommend the De...
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Hello all!
Currently looking at my financing options as i currently do not have a W-2 job (self employed) so a conventional loan is out of the question.
Through an agent i know, i discovered the DSCR loan which doe...
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This post is for seasoned investors.You are starting out and do not have a mortgage, yet. You work a stable job and make $5K a month. You've been able to save up and have $50K in liquid cash. Your goal is to cre...
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Has anyone else joined Fundrise, or any of the other Kickstarter-like RE sites?
If so, have you had any success raising or making money?
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For those doing "Lonnie Deals," what are your thoughts on paying the lot rent for your buyers?
In other words, having an agreement with your buyers that says that they will pay you the total amount of your Note + L...
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Has anyone been on the lender side of private money and had a bad experience that they are willing to share? Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd li...
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