I live in Grand Rapids and finding a deal is very slim. I also invest in East Michigan (Midland) and the market there is getting hot as well. Any cities other than Detroit, Lansing, GR, Kzoo that are worth looking int...

I am analyzing a deal for 2 duplex's on 1 lot. My number for CapEx in general is $260 between my quotes I've gathered plus others feedback elsewhere on BP. Should I therefore use $520 to start out with since I have 2 ...

     I have a cash provider partnering with me in flipping houses this year. I've been doing my homework and developing a business plan for us to abide by throughout the process. However, I'm not sure which way I shou...

Hi Everyone, I wonder what are your thoughts on buying a congo in the Tampa area and renting it out. I am planning to do this but my mortgage lender said that when comes to condos they require a 30% downpayment becaus...

Recently I've wondered why I felt low LTV was better as an investor for long term survival. You don't want to be upside down or over leveraged if/when the markets change. But, that would seem to only apply if / or whe...

Looking for advice.... My rental property flooded. The toilet (feeder line) broke on the 2nd floor while the tenant was not home and did quite a bit of damage. The unit needs all new flooring/carpet,Sheetrock (walls/c...

I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...

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*This link comes directly from our calculators, based on information input by the member who posted.Please tell me what you think. This would be my first investment property. I'm interest...

Investment Info:

Single-family residence private money loan investment in Enid.

Cash invested: $27,600

Contributors:
Matt Mesick

UPDATE: (10/02/2022): Borrower has defaulted on the loan a...

A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...