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Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the...
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Has anyone ran into this issue with Fannie Mae? They have a clause in their contract which states you can not finance more than 120% total of the contract price of the property...
So on my last deal, I purchased for...
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Background
I started my journey with REI Nation (formerly Memphis Invest) in 2019. At the time, I already owned a few properties. While they generated some cash flow, I found the effort required to manage them wasn’t...
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Hey there fellow BP-ers!!
I am beyond excited to announce that, after much soul-searching and number crunching, I will be leaving a fantastic run in the W-2 world (tech) mid March. I plan to focus 100% of my time on ...
I live in Los Angeles and am new to real estate investing. I have about $100K saved up and am able to save $4k/month. My goal is to build a large enough portfolio to live off of (I'm still in college). I'm interested ...
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I have been doing research on turnkey providers in Kansas City area, after talking to few people, visiting KC, driving around Independence, Raytown etc. areas and looking at few properties (from Bridge, McInnis, USR...
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Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
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Someone I knew in high school contacted me recently as she is desperate to sell her house, to the point she may just foreclose to be done with it. She asked me if I would or knew anyone who would would be willing t...
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Hello BP, I am new here. I am in Las Vegas and I would love some experience on how to choose a neighborhood to flip homes.I am very tempted to begin in the neighborhood I grew up in because it has gone downhill over t...
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I'm sure I am going to get a range of responses here. I walked through the house we are rehabbing, came up with a detailed scope of work, and emailed it to a contractor I have gotten a bid from in the past (but haven...