Chris Pelletier
Does wholesaling really pay??
My wife and I are about to take a class in whoelsaling. My question is, does it really pay 5-10K per deal? It sounds too good to be true. We have been doing a lot of reading and are preparing to enter this nonconve...
Pamela Morrison
Cash out Refi? Or Conventional on first rental deal
Looking for first rental deal. Approved for conventional mortgage. We own our home through an interest only hard money lender with no mortgage. House has about $130k in estimated equity if we paid it off. Knowing ...
Will Gates
Want to extend fixed lease by 1 month
My tenant's fixed lease is up at the end of June. They are not bad tenants per se, but, we inherited them, they've been in the house 4 years (we've had them for 8 months), they pay in cash now, they are below market ...
Matthew Walker
Tax Questions about Rentals in CA
I bought a single family house with 5% down and am fixing it up while living in it with a friend. After renovating, I'd like to rent out the entire house. I can definitely manage to rent it for slightly more than all ...
Charles Clark
First Completed deal from investment to sale. 204% ROI
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $199,900
Cash invested: $25,000
Sale price: $288,000
First completed deal from analyzing to...
Raphael Chevry
How to implement the Brrrr strategy
Hi all,I am planning to Brrrr. How exactly do you implement this strategy?Do you have to get the cash from investors/partners or out of pocket?Can you use a FHA 3.5% loan or a FHA 201k loan and Brrrr using those loans...
Jason Leak
Due Diligence question
Hello BP Family,
I am looking to get advise on a CRE due diligence issue that pertains to negotiations. Here are the specs:
6 unit brick multifamily Apt building-priced at 569,000- negotiated down from asking 600,00...
Armani Emon
Alternatives for running comps?
What if a property doesn't have any exact comparables, but has very similar comparables.
How should I structure my comps? Could I go by square foot ?
For example, If my prospect property is 3/1/1100 for 180k and my...
Gary Miller
4 Unit Offer
I'm currently working on purchasing two duplexes. These are unlisted properties. The first one is a 2 bedroom upper with 3 bedroom lower. The second property is a 2 bed upper and a 2 bed lower. The first one I...
Jeff Zhou
Undisclosed violations
Long story short, I was curious about a housing court case against the owner of the property I am buying, called the attorney, and figured that the property has "many" (according to the attorney) open violations. I al...