Dominick Galinis
I’m missing something, right?
Hey BP fam,So, I’m in the home stretch to having the savings I want to get my first property. I’m going to be using a FHA loan for either a triplex or 4 plex. I use Credit Karma to look at my credit score and they off...
Account Closed
Marketplace concerns when seeking investors
I've been looking at HML to help fund spec home building and I'm not turned off by the higher rates but, I'd like to connect with private investors directly. So, my question is if I post in the marketplace that I a...
Nate Wilson
How important is it to follow the 50% or 2% rule.
Hi II am a newbie and looking for some advice on a property in Wear Nh. There is a duplex for sale for just under 200k. It generates $2000 on rental income and according to the calculators mortgage, taxes, and insuran...
Joe Kim
Out of State Investing - NEW and IMPROVED
I recently had a post "Out of State Investing-SCAM! False promise land of cash flow".https://www.biggerpockets.com/forums/88/topics/351...I may have given the wrong message that out of state investing is not a good wa...
Matt Morgan
What happened to my $30,000 profit?
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Angelo Behar
Appraisal came in low, is it still a good deal?
Hello BP, I hoping for the valued opinions of the BP community for my current predicament.A purchase agreement was signed by both parties for the price of $152,500 for a 3/2 owner occupied, with two 1/1’s attached ren...
Charles Constant
Seller Won't Vacate After Sale
We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...
Adam Bartomeo
Flipping - One of the Most Risky Strategies?
Out of the three main ways to invest ( wholesaling, flipping, and buy-and-hold) it seems obvious to me that flipping is by far the most risky strategy. This not only comes from personal experience but from commonsen...
Rich Chen
Sell the rental property to buy a house?
First post. We need some advice!
My wife and I have a condo in LA that has been paid off and used as rental property. We are renting in a nearby city with much better schools where our kids go to. The income from th...
Sunny Burns
Tenant wants Vanity Upgrade - Should I go in 50/50?
So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...