G Pyros
SFH Monthly Math (Excel)
Hello all, I put together a spread sheet to analyze a potential home. The home is built in 1997, 75k list price but I have the negotiated 70k with 5k to fix (carpet, paint and general clean up) Rent goes...
Derek Francisco
FHA House Hacking & Using a Credit Card to Save for Down Payment
Hi All,This is my first post. I have set a goal to buy my first house by the end of the year, preferably by the end of the Summer. I have good credit and a credit card with a relatively high limit. I'm already pre-app...
Michel Steele
Attacks of the Guru"s
Being a Newbie I have started my s-corp and LLC, got my business account opened, and working to get an account and lawyer, sounds great right?!. That was the easy part, now to work. i have made some small investment...
Logan J.
Buying an living in a house where tenants pay morgage
Afternoon everyone, This is my first post in the community! I wanted to know if my plan was feasible. A little about me: I am an nontraditional undergrad student at the state school here about to finish my degree. I w...
Shaun Dewitt
Wholesaling illegal without personal financial backing?
So I just spoke with a guy at an investment company who told me that if I try to put a home under contract without personal financial backing, meaning the ability to personally fund the property I intend to put under ...
Account Closed
Need some help. Have $200k capital - Very Overwhelmed!
Hey BP'ers, I'm a long term lurker on here. I am very very overwhelmed with all of my options and would like to bounce some ideas off of you guys. I purchased a 2 unit in Denver, Co Feb. 2014 for $301k. Just appraised...
John Warren
Everyone thinks we are crazy!
We decided to take the plunge. A year ago my wife and I outlined three different plans we could take to start investing. We were all set to go with a very conservative plan when some very unsettling events happened in...
Devin Beverage
Purely as an example for a beginning investor: Why and why not purchase this property?
I'm completely new to BP, the world of real estate investing, and all the math and strategizing that's involved, but I'm determined to make REI a major aspect of my life in the long term. To prepare myself I've been l...
Phat Vi
Analysis on a 4-plex in Fresno, CA. Is the math correct?
Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
Danny Hinkle
How to get spouse on board with investing???
I have been trying to get involved in real estate for some time now.. I can not get my wife on board with the ideal. She is afraid we will lose our money. Any suggestion to change her mind?