Jeremy Pace
Ancient Boiler Issues
General Question:Several of my rentals have boilers across the spectrum of quality and age. My oldest boiler is in a 5 BR 2 BA house. It's been producing a LOT of carbon monoxide, so much that I feel like it's a haz...
Bob Smith
Using my VA benifits to purchase my first property
I'm new to the REI arena and have limited cash available to get this off the ground. I have a regular job with an annual income of ~60K and a credit score of 740 albeit of limited duration.
My plan is to use ...
Justin B.
50% Rule Expenses: How long / how much?
FYI. I am new here and don't have any experience with Buy and Hold investing.
I have a question regarding the 50% rule. I understand that this is a general rule of thumb when determining a properties feasibil...
Robert Carter
House hacking a duplex in Baltimore
Hello BP,
I'm having the toughest time financing a duplex in Baltimore city, they had to push the closing date back 2 times already. It seems to be the appraiser that is holding it up. The property is designated a...
Geoff Antone
Mindset of Buying Rentals instead of Flips
Hello everybody, Originally this year I had my mindset on flipping houses in Dallas / Fort Worth. Now I'm rethinking my strategy and thinking I should instead buy properties, fixup and then rent them out.I'm thinking ...
Bruce Yin
Private Lender Scam?
I need some funding for a fix and flip. I use a website Cix.com to get some lenders to contact me. One of them is Seabrook Investment LLC. The lender is Timothy Holbrook. I just want to ask if anybody has been scammed...
Account Closed
I have a question for Private or Hard money lenders on BP
Please any and all advice is greatly appreciated. My question is when dealing with a HML that's offering 85% LTV and I have a property that appraised for 770k very recently under contract around 630k. (85% of its curr...
Anton Taylor
HELP: Finding my niche?
Hello BP Community:After months of reading and reviewing the BP forums, I'm still struggling to define my niche. I enjoy learning about different ways people are leveraging real estate to reach their goals. However, m...
Rivy S.
BRRRR vs BRROFR (Buy, Rehab, Refinance, Owner Finance, Repeat)?
I've been attempting to find a property to implement BRRRR on here in the DFW area. Since I don't want to get involved with hard money, I need my all in price to be about 100K. From speaking to various people here i...
Jeff Moore
To sell or not to sell 16 unit apartment complex
Hi Everyone,
I have a 16 unit apartment complex that I currently owe $490,000 on. I cash flow after all expenses plus 10% Capex, 5% repair and 5% vacancy about $70,000/year. I have an offer to purchase for $1,300,...