Chris Luksha
Hard times trying to wrap my head around payment schedule options
Hi All,Thanks again to all the great contributors here on BP. I am still sucking in info but really need to jump in with action. To that end I am looking at a potential duplex purchase using private money to fund th...
Amiris Brown
Ever hear of "Platinum Properties DMV"? Good/Bad? im
Have you ever heard of "Platinum Properities DMV"? I ask because they claimed to be 6 years old yet their website domain is only 5 months old (lying about how old they are is a glaring red flag to me). I'm wondering i...
Jason Merchey
Fix & Flip Profit Split Advice
Question for ya. I'm trying to be the equity partner on a fix and flip joint venture with two guys. They are both, apparently, shit-hot at what they do. The first person is ostensibly great at finding and analyzing de...
Manav Mandhani
Larger down payment or negative cash flow?
Hey all,I've been working with a realtor in Austin, TX looking at buying rental property in the area. Based on our research, it's going to be nearly impossible to cash flow in the area unless I bump up my down payment...
Daniel Wolcott
Multi-Family/Apartment Investing out of state
After spending the last year trying to find a multi-family home in Colorado Springs and submitting a few offers I have convinced myself that Colorado Springs and possibly Colorado is overpriced. We have been under co...
Edward C.
My first possible deal
Hi, I'm Just starting, looking forward to my first deal.
The owner has the home through probate, there is a 20K medical lien and he owes about 2K in current and back taxes. He is not able to afford to pay the taxes a...
Ceril S.
Property first on-site look - code violations - how to get educated
Hi BP gang!I'm still a few months out from jumping in so I am in all out research mode.I convinced my wife to go to our first open house on a 2 family today and it was kinda scary!Not scary as in we were in danger, bu...
Ruby T.
Hi from Maryland
Hi everyone,I haven't posted before, but I've been lurking for a couple of years to get motivation. I've finally decided I am going to do this, so I thought I'd post my into as a commitment to get serious. I grew up i...
Michelle S.
LLC
My husband and I and another couple are looking to buy some commercial multifamily properties. We are wondering when is the time we should form our LLC: before signing the contract, at the closing, or even after the p...
Tyler Flagg
A Very Merry Christmas Closing!
Hello BP world!I bought my first property (thanks to the help of BP) back in April of 2014 in Oklahoma City.First Deal in Oklahoma City!Although I naturally made a number of mistakes throughout the process, I believe ...