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Hey BPers,I just recently closed my first deal: a duplex in Oakland, CA where I am living in one unit and will rent the other. I also just put up a listing advertising the other unit, and got a quick response from som...
Question: I'm new to subject-to and a little confused about what happens exactly when a bank does have a "loan due" clause and they do find out that the deed is in my name and ask for the loan payment. Say I can't ...
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I know that the numerator of cap rate is the net operating income. However, I seem to see confusion on what is included on the denominator. Is it the entire purchase price of the property including any amount financ...
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My name is Tj and currently based in Tampa Fl. Been investing full time in this market for the past 6 years with our focus being rehabbing and wholesaling. It's a great business but by far no means a picnic. But now a...
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Hey everyone! First post here :) I wanted to get some opinions on how/where you would invest 100k to produce monthly cash flow. How much cash flow do you think you could get? Would you buy one multi-family rental or a...
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I have a deal on the table right now and I’m not sure if I should close or walk away from the deal. It’s a duplex and the listing says that the property is 2100 sqft the purchase price is 165k. The appraisal came in a...
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First off, please excuse my ignorance on this matter and thanks in advance.
I have come across a property with a tax lien on it where the owner would like to redeem. He has recently been through a bankruptcy...
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Hello All,I'm new to BP and wanted to introduce myself as well as hopefully get some advice since I am just in the beginning stages of pursuing REI.I work as an engineer and am currently enrolled in a MBA program at t...
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August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...
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right now ,the price of house in bay area is very high,should i invest?or wait for some years until the price drop?i live in fremont,thanks everyone