Looking to buy our first deal which is a buy and hold that cash flows well. We have a private lender who wants to give us $40k for the down payment and wants to be paid back within 5 years. He’s a family member so he’...
Hi BP, Few questions on rentals that I cannot find the best answer/answer I want Brief background info: about a year ago we ( girlfriend and I) bought a house we were going to flip. We pretty much re did everything ou...
Hey Guys, so Ive only posted a few times on here and everyone has been great with all types of info, hopefully this will be the home run for me. So after lots of dead ends I may have found a way out of this renting ra...
Hello! I just bought a property on the courthouse steps for $21k. Auctioneer advised me the title will be mailed to me within two weeks.What’s should be my immediate first steps?Can I still choose my own title compan...
Hey all ! My name is Kemar Daley and i'm a newcomer to BP and real estate investing, living in Cincinnati, Ohio. I have zero background in real estate but am in the process of educating myself and building relationshi...
If you are in the middle of your flip, or any degree prior to ready for listing status, and you find an awesome deal that can be the next flip, how can you go ahead & purchase while capital is tied up in the first...
We have done fix and flip plus rental units but all with traditional houses. Now we have an opportunity to buy a manufactured home. Here are some details: 1996 house well taken care of (we could rent it day after clos...
Greetings BP,
My name is Kadeem and I am a physical therapist working in NYC. I stubbled upon BP after looking up ways to invest my money. Reading Rich Dad Poor Dad for the first time at 26 made me realize I could be...
I am thinking about buying a rental property that is setup as two units. There are already tenants in both units and the listing says that they want to stay. How do I handle the transtion? Do I make them sign a new le...
I have some equity I want to pull out of my property using a HELOC for the down-payment of a buy-and-hold investment. Does your underwriting change when you use this strategy? How do you factor in the interest payment...