Here is my dilemma. I have a rental with a lease that is expiring in November. I am expecting to make 175 cash a month with next lease and with principal reduction, would be about 600 a month total. I have some repair...
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My first duplex deal
The previous owner purchased this duplex in 2005 for $25,000 then sold it and carried the note. The person he sold it to defaulted on the loan in 2007 and it took him 15 months and lots of legal ...
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Hi everyone,
I would truly appreciate it if someone could analyze my numbers to see if this property is a winner. I’m considering making my first offer; this is my first Single Family property analysis. My RE str...
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Hi, I’m currently in the middle of my second attempt at refinancing out of my FHA but seems as if it has gone south with a low appraisal. I’ve been trying to free up my FHA in order to be able to use it on a larger pr...
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I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
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As a beginner, I’m looking at my first deal and not sure if it’s going to profit the way my wife and I are hoping. Our biggest question is how to set the monthly rent price?The cost of purchase is around 120k and the ...
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The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
Hi BP Community,
I’m a first time home buyer and looking to start my real estate journey! I’d also like to take advantage of what seems like a good time to buy considering whats been going on with COVID and the ec...
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My family is blessed to live in far north DFW area. We own one property in Plano and are interested in getting the next one. I'm not sure how to make that happen right now because of sourcing a good deal and suitable ...
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Hello All,I purchased a foreclosed home cash for $150,000 about 6 months ago, spent $25,000 on fixes and have it rented out in an A community @ $1000 a month in Arizona. I want to get some of that cash/equity to use a...