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We require all adults in the household to have a minimum of 650 as their credit score. I had a young couple see the house and they are interested in moving forward with the application process. However, the guy says h...
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Hello BP community! I am very excited to be here! This is my first ever post to the BP forums. Real estate investing has been on my mind for quite sometime, but just yesterday I attended the 90 day challenge webinar a...
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So the buyer of my 2 duplexes (side by side properties) has asked for a single escrow to save a few bucks. I am looking to do a partial 1031 exchange; around 50% of the total proceeds but not clear as to whether the s...
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I've been modeling out tons of deals over the past month and refining my model (I'm a newbie and have made a couple offers, but nothing that has stuck yet - fingers crossed on one I'm negotiating price with now). I ha...
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I have finally gotten my first property under contract and should close the end of the month or by mid Oct. It will take me less then a month, I hope and pray to rehab. The question I have is how to avoid paying the...
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Hello all,I'm looking for advice from people who have purchased buy and hold properties using other people's money. I have a couple of family members that have money they are looking to invest in real estate and know ...
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What sites and/or screening criteria/requirements/rules do you have and used that’s helped you screened “good” tenants?
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Here is my situation. i have found a seller who is willing to take 10% cash up front and owner finance 10%. I would get a loan for the other 80%.
The problem I am running into is that I cant find a bank who will len...
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Do all hard money lenders require a reserve? I've just started talking with a hard money lender and they want at least 20K in reserves before moving forward. They claim it's standard. My credit is good, my debt-to-...
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Just something I never really understood is why people are compelled to buy apartment complex's? I've never really found a complex where the cap rate was over 6% and that seems really low even if you invest in rehabbi...