Richard Reeves
I know absolutely nothing about real estate...
Hello!My name is Rick Reeves and I am originally from Michigan, but now reside in Colorado Springs, CO.Background: I have an engineering and computer background along with an MBA I've never really used. I used to be...
Eddie Bridgett Jr
Pre-qualified for a property, will cash flow
Able to get the home, which will have $200 after PITI. However, if I do this, all of my reserves will be depleted, meaning no funds for "what if costs". Do I step out for the experience and to get started, get a line ...
Luke Harrison
Second deal, first rehab to rent
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Randolph.
Purchase price: $45,000
Cash invested: $30,000
This is a two unit home my girlfriend and I bought through bank f...
Burt L.
What Disclosures, Rate Lock Docs Actually Req'd of DSCR Lenders?
Hi again BP,I have an associated thread inquiring about DSCR lenders and have contacted all those lenders mentioned by posters to that thread and much appreciate the contributions. What I am learning is that Portfolio...
Andy Bhuchar
Understanding Appraisal Value
Hi All - just got my appraisal back and the appraised value is the exact same amount as the purchase price. The purchase price was negotiated down by about $40K prior to going into contract.
Question - does it seem...
Matt A.
What makes an apartment in Oakland, CA exempt from rent control?
I've heard different opinions on this. I’m guessing it has to do with what year the building was built? What year if so?
I ask because I’m looking to buy an apartment in Oakland, CA to live in at first, but I’d li...
Sunny Bert
Starting out in the Arizona market
Hello everyone,I am a first time poster beginning my journey into real estate investing. I am located in the Phoenix area, and will be working through the SFR market. I am building out my plan and working through th...
Joseph Nelson
People that have experience with with lending funds.
Interested in hearing from the people that have experience with lending funds (their own personal money) to other for real estate investing; whether it's for repairs on a property, initial capital to fund a purchase, ...
Jeff Brotherton
Please evaluate my deal before I close
Evaluate my deal. Haven’t closed yet. Covet your thoughts.
https://www.zillow.com/homedet...
Purchase 105k
Downpayment 25%
Interest rate 4.2%
Initial repairs/updates 5k
Will need new AC and roof within 5 yrs
...
Austin Wise
Real estate investment
Hey everyone, I’m 21 and I’m from GA and currently stationed in Germany in the Air Force. I have about 4 years left until my contract is up and have been very interested in buying real estate for a while now. Where I’...