Kyle Banks
First Deal - What Am I Missing? Need Some Help...
BP - I have a deal and I think it's good, but I can't get the math to add up and I feel like I am wanting it to be too rich, or I am missing something. 4-plex, built in 19002 - 1/1 (currently rented for $760 and $900....
Bob Beach
Seller Financing. Good idea?
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...
Mark S.
Portfolio Loans on Residential Rentals?
Real estate friend of mine said his local credit union is offering him a portfolio loan in the mid 3s on his residential property on 30-year fixed loan terms (not just 30-year amortization, loan term of 30-year fixed)...
Steevee Reroma
Where to look in SoCal
Hello, Partner wants to start investing within driving distance from us, about 2-3 hours away from Los Angeles. Where is still a good place to look? Were looking for properties under $250K, turnkey or BRRR preferred. ...
Heath Neely
Credit Union offers loans for LLC, but must personally guarantee
So I before I started shopping for my first property, I called the mortgage broker that I used the last time I purchased a house. I decided that the rates and closing costs he quoted seemed reasonable for a 30 year te...
Dennis P.
What's the catch?
Just finished watching a video on how to buy commercial RE by a guy who wrote a book for dummies. He makes it sound so simple and easy. If RE investment is so simple and succesful, why not more people do it? In other ...
John Rutherford
Commercial loan advice and two cents
Hello BP!
I have found a 14 unit place (4 tris and 1 du on the same property) in my local area at a good price and with good rents. I haven't ventured out into a commercial loan yet but I am considering it. I have th...
Chris Seveney
Subject To / Sub2 - Is it really just this?
I frequently see sub2 deals on FB and other sites and out of curiosity I look at what they are offering. When I look at the property and the information what I am noticing is the "game plan" is as follows:1. Find a p...
Allan Tualla
Ways to help increase property value
Hello Everyone,I was just wondering what are things that can be done to a property that my ultimately increase value of a property. I know this can be many things, but I was hoping to have some ideas thrown out there ...
Brittany Villamil
What am I doing...how to work these numbers???
Need some input!!I do not have fantastic margins here..Purchase price: $146kRepairs: Cosmetic only. House is 2300 sq ft. $23k?ARV: $215Got a hard money quote ...30-35k out of pocket. Yikes. Is that pretty much what I ...