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I have just started out being a real estate agent so I have have the greatest or most consistent income. I'm trying to get money to invest in a flip. Does anybody have an ideas or suggestions of where to get a loan wi...
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In February, I wrote a post about my first Brrrr which I managed from across the world - seen here. For that project, we relied heavily on family to subsidize our costs and help perform the work at a lower cost. Thi...
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When should you pull cash out of your properties? Won't pulling cash out or doing a cash-out-refinance on a home that has appreciated significantly result in negative cash flow? Should you only pull cash out of a prop...
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Hey everyone I'm trying to evaluate my first deal. Here is the information on it. All info was pulled from county records.Staten Island, New York. SINGLE FAMILY HOME. 3 Bedroom 2 Bathroom 1 full 1 half Lot Sqft 2,500....
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Anyone have experience with purchasing condos as rentals.
I have something I am interested in around the corner from me. It’s a foreclosure, below market price. Rent is 1175-1250. Purchase price 60-70, hoa 230, t...
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Hello everyone, so I am in the process of considering renting my current home (which I updated) and purchasing a new one. I want the current one to pay for my mortgage and then some. After running all my numbers via t...
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I HAVE A HOMEOWNER WHO IS ATTEMPTING TO GET QUALIFIED FOR A NEW MORTGAGE. WE BOUGHT THEIR PROPERTY SUBJECT TO THE EXISTING LOAN 18 MONTHS AGO.
WHAT DOCUMENTATION CAN I PROVIDE TO THE RESPONSIBLE HOMEOWNER IN ORDER...
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Ive got a friend of mine that is a bank loan officer and he believes that he could get me a loan to build a rental duplex. Lets say I can build an economical duplex for 70k and it would be appraised at 100k. So, the b...
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Hi BP family!After having my first deal fall through because of a suspicious HOA with multiple lawsuits against them (Discrimination, etc), I have decided to change my strategy for what I am looking for in my first pr...
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Unemployed with $10,000 cash. Can I make something happen?I'm out searching for jobs with my degree in Drafting & Design at the moment, so I don't plan on staying unemployed. I need a job to build my credit, so ...