This thread is going to be an account of a real estate rookie looking to find, fund and rehab a residential property in the MD/DC/VA area. In this case, my first property is likely to be one that's been referred to m...

I have done some calculating and with my curcumstances. I should be able to have $30,000 of hard cash. I can possibly finance for more but would rather have two other investors to go in on this deal with me with equal...

Hello, I'm sure many people here are a big fan of renting properties to obtain wealth and so was I. But, thinking through this more clearly, I realized it would take so much longer to obtain money by renting out hous...

Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...

Hello.  My husband and I started our fix and flip business about two years ago and are currently halfway through our fourth property (single family homes).  My husband is a general contractor and has quit his other jo...

Here are the few NPNs I was looking at purchasing:1st Note:State: IllinoisAsking Price: $1,750Balance: $62,724BPO: $13,200Delinquent Taxes: $7,8672nd Note:State: IndianaAsking Price: $2,000Balance: $56,603BPO: $18,000...

Hello,

What is everyone's thoughts on using cash vs HML (9-12% with 2-3 points)?

Much easier to make cash deals work (from acquiring properties easier to having a lot more room for margin).

Seems like you are doi...

Palos Hills ILPurchase Price: $177,351Renovations: $53,000Sales Price: $315,000 (305,500 net to seller).PROFIT: OVER $60,000!

Hey everyone.  I plan on starting my journey into BRRRR investing in Georgia - specifically in Macon and the surrounding areas and was wondering one thing about contractor bids.  When is the right time to have them wa...

There is a property in my neighborhood that looks abandoned (the door is bolted shut, a front window is cracked, and it's overgrown) that I have been curious about for a while because I live in a higher end area of th...