Good Evening BP communityI need to get as much insight and advice as possible by Friday , as I am set to talk to my Lender about What ( If any ) Cash Out and or HELOC options I may have , given my current situationAnd...
'Hi BP family, I have been coming across sellers, that seem like they are motivated, then after we negotiate a price, and I am ready to put them under contract, they say they don't want to sign a contract they just wa...
Looking for some feedback and what you guys will do in my situation. I bought a house in 2012 in Phoenix for $55k which I have rented out for 4 years now ($900 rental income). The house is now worth roughly 160k. I di...
I had a owner contract me about doing a BPO, long story short I may buy his house, but it is very complicated.
He has a 1st loan with Citibank with $46,000 owing and $440 payments including taxes and insurance. He...
We're buying a 4-plex for $116,500 for cash (ARV is $300,000-$325,000) with plans to repair and update it over the next 2-3 months. We're then going to hold it as a rental and use a modified BRRR strategy to buy anoth...
Hello everyone! I just found out about BP through a search online a while back but I haven't been activate for a couple of years here. A little bit about my experience in Real Estate… I started a couple years ago doin...
a newbie here. I'm interested in buying a rental investment property. My brother started his investment 2 years ago and he's doing pretty good. He has recommended to take the equity loan as much as I can from my fi...
Hi BP Braintrust,I've identified a turnkey and the property looks great on paper (green crime area on Trulia in a decent city, great schools, A neighborhood (per seller), $250/mo cash flow, 7.35% cap rate, and 10.48% ...
Here's the breakdown...
Purchased my 2nd property for $645K in an area of Northridge here in Los Angeles.
Comps in the area are anywhere between $850k-2M.
Beat out 15 other offers.
Place needs a LOT of work but I can ...
Now before and the buy and hold people come in and tell me how that is the only way to gain true wealth, semi-passive income, and reap all the tax benefits, thank you but I know that already. Now, for the fix and flip...