Hey BP Community- Wanted to share a bit of my story here to get some perspective. I started reading the site back in January and after many conversations and a few site visits, I decided to purchase two out-of-state S...
One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $277,000
Cash invested: approximately $70,000
4BR/2BA single-family long-term rental in Madison Alabama.
What ...
Hi there!I'm new to multifamily and am looking to understand what sort of loans I will qualify for when trying to purchase a 16+ unit. I understand I'm most likely looking at 25% down with 6 months of PITI reserves.My...
Hi I am 19 and wanting to get in to the real estate investing path as a full time commitment and career, I want to start working towards the future now but I dont know if I should go to college or not. It seems that m...
I am currently looking at various opportunities to invest in notes. As a newbie, I don't have a standard due diligence list to send as part of providing offers. Here is what I would think to ask for:
Copy of note a...
Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
We have 3 mortgages, one is a second home, the other 2 are investment loans for vacation rental properties. All 3 are in both husband and wife's name. We are going for our 4th, and have our eyes on a 5th property. My ...
This last month I bought my first rental unit. It is a first floor condo that I bought for $50,000, with the help of a private investor. I just rented it out for $935/month and will see some pretty positive cash flow....
Hello,I am analyzing a commercial property shopping center to look into going in with a partner. They property is currently set at $850k and 100% occupied with long term leases. The net income at $82k. Looks like the ...