Joshua Hill
Wholesalers - Real Estate License or No?
I'm a newbie in the Phoenix area and have been loving BP. Thank you everyone who has been posting, I'm eating it up!I will start wholesaling in the next month or so and have been debating starting off by getting my RE...
Vivian D.
Buy & hold in a high rental area?
Hi BP-ers, as a buy and hold, should I buy into an area (within a mile) with 50% renter? One can argue strong competition, but another can say people just cannot afford a home so they stay renters. What else should I ...
Jonathan Miller
BP Rental Calculator/FHA 203k question
Hey,Quick question regarding the BP Rental Calculator-If i'm trying to calculate a 4-plex that needs work (wanting to use fha 203k/BRRRR), Where I enter the purchase price amount, Do I enter the the price of what the ...
Lamont Marable
LP Investors after Refi
Short and simple question. Once the mortgage is refinanced and the LP's invest is returned with profit share, why do GP's leave them in the deal? Do they still get preferred returns or only a profit split?
Kristin Lupo
The beginning stages
Hey BP community,
I’m just starting out on this REI journey and I had a few questions. I’m meeting with my CPA today to go over some things. One of the questions I have is, In California, when we close on a deal whet...
James Baker
How much to pay wholesaler?
Hello BP,
I could use the expertise of the BP community. I wanted to know if there is a common number or rule of thumb when an investor is purchasing a property from a wholesaler. I understand that wholesalers try ...
Dylan Thomas
What morgage would you prefer?
What would you prefer?
Residential investment property
80% ltv at 4.625% on a 10/1 arm (30 year)
OR
75% ltv at 5.5% on a fixed 30 year
I’m not concerned at all about the 5% ltv up front so please don’t let th...
Catherine Goddard
Home owners association rental rules
I have purchased a small condo for my disabled brother to live in. He is not on the title of the property as he is disabled. The HOA has limits on number of rental units, and has currently exceeded the number by a fe...
Chris Mylan
House Hack #3 - Debt to Income Issue
Hi BP,After two successful, cash flowing house hacks in the DC area, my DTI is pushing 40 percent. I will not be approved for a third loan without a little ingenuity. My goal is to put down less than 20% on a third, o...
Daniel Kirby
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.