Wes Singleton
Conventional loans in louisville,ky
I made my first offer on a property today for the purchase price of $41,500. I thought that I had my lender in place, but I just found out that he will not give a loan less than $50,000, and he says that is standard ...
James Lopes
Help with calculating a good deal
Hi allI am beginner and looking for my first deal. I have been listening to the BP podcasts and have downloaded a few spreadsheets to determine COC and Cap rates, but when i use the following criteria that i heard on ...
Lucas Milburn
First Property was a cabin on the other side of the country
Investment Info:
Single-family residence buy & hold investment in South Lake Tahoe.
Purchase price: $114,000
Cash invested: $25,000
Cabin in South Lake Tahoe, second home turned vacation rental.
...
Jason Vannoy
If you live in your apartment complex, what mortgage can you get?
Hello,
I am going to school and would like to buy. There are three attached town homes for sale individual or all together. My question is if I bought all three (the entire complex) and lived in one with the other two...
Adam Craig
Can I ask for cash at closing?
I buy and hold single family rental homes - Terms are standard 20% down.I just started a strategy of increasing my offer price to get some closing fees paid for. For example. If the accepted offer was 50K - I would re...
Marc Melo Snr
Wholesaling - Buyer Inspection?
Hi folks,I am interested to know how to deal with property inspections. I will give you the scenario:
I found the property and put it under contractI'm now wholesaling this deal to a fix n' flip investor.The investor...
Alice Huang
Help with BRRRR Refinance suggestions please!
Hello everyone!New here and would love some insight and suggestions. Situation:I specialised in property development and real estate in Canada, Australia and the UK and got burnt out and decided to take 2018 and major...
Micah Watson
You put the Refinance in BRRRR
What puts the third R in the BRRRR strategy for you?I am new to this, but it seems that it’s assumed everyone will use a cash-out refi to pull their money out each time.If you were to instead open a line of credit(HEL...
Account Closed
Zero Capital Gains for lowest income brackets
Seller is single and reports W-2 income of $10K. Property being sold is non owner occupied inherited property, owned 10 years. Never treated as income property as it was always vacant. Property basis is $100K, prop...
Luis De Jesus
Ocala Florida - 55+ Communities Pros and Cons
Greetings. I have seen what could have made decent enough deals on 55+ community homes. Any Ocala investors that have or have had rentals in 55+ communities and what is your opinion? On the one hand I think tenants...