If a house is bought by a family for $100,000 and then after two years they owe $95,000 but the property is appraised at $160,000, if an wholesaler offers them $115,000 and they accept will that cover the mortgage and...
Been learning, posting and running deals by fellow BPers since Nov 2015, but I want to learn more about the local market here in NE Florida. Haven't bought my first investment property yet but my goal is to have 1 by...
Hey BP!
I'm reading about the BRRRR strategy and I find it very interesting.
I'd love to hear your experience with this strategy. Can you address the following
- Detail the stages from buying to refinancing.
- Talk...
We have an LLC in which I and my partner have 50/50 ownership. We are applying for a blanket loan which will refi 9 single family homes. My partner's credit has some dings on it and is fairly low. The lender is saying...
Hello,I think I qualify for a USDA loan, but I don’t know how to be sure (other than apply). I know the property qualifies. However, the tricky part is I currently have an FHA loan and my first year of living in it is...
what's up everyone my name is David and I'm from Santa Maria California. I served 4 years in the United States Navy and I am just starting out on my road to financial freedom through the brrrr method! I bought my firs...
Hey Everyone,I'm a first time investor from Las Vegas and getting financed efficiently will most likely be my biggest hurdle. My strategy will be to buy and hold long term and use forced appreciation to increase cash ...
I need to match up some cheap apartment cabinets but even ikea is too nice! So I want to know who sells the cheapest cabinets in FL so I can ask them if they have anything that is close to what I have here - 5/8" plai...
HiI am looking for a SFH rental property in any of DFW suburbs with low vacancy rate. My plan is to hold it as a long term investment.Looking forPrice Range : 200-250kLow vacancy rateLow crime rateLong term investment...
I bought my primary residency two months ago, and have an itch to get into buying a rental property. The 20% down is the barrier at making that happen sooner than later. My thought to overcome this is that since my wi...