Does anyone out there have any experience using Xero accounting software for house flipping? As I understand it, everyone who uses Quickbooks for flipping uses the 'class tracking' feature to set up each individual pr...
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
Hi BP,
I am looking to purchase a 2-4 unit multi in St. Louis to househack. I have a good deal of cash and I will probably be putting down ~80%, but my income will be limited for the next few years ($30k/yr).
Do le...
Can anyone reply with or direct me to what I recall seeing in a webinar or podcast that basically listed the items to bring to your lender. I can't for the life of me find it, but recall being provided exactly the ite...
Hello BP community!I have been a member for a year or so but thought it was necessary to redo my intro post due to my relocating to NJ. I just started my full time position a few months ago and have narrowed down my R...
Hello Everyone. I am in need of some lending help. Me and my brother were recently passed down a property. There is no mortgage anymore, it’s owned free and clear, but it’s in need of a lot of repairs. We would like t...
Hi all! I am in the process of writing up a contract that is 100% new to me, so I wanted to get all of your opinions as you all have wwaaayyyy more experience than me. It’s 800k piece. 600k is for on property and 200k...
Hi guys, whats everyone's take on owning and holding property debt free vs calculating ROR/ IRR etc. and selling when you think returns are highest. I'm not asking about leveraging property vs. paying cash. I'm talkin...
Hello Everyone, I'm new on the Real Estate Journey and just like many newbies I have a lot of questions on where to begin. Just a little about me, I work full time at a bank, i'm 21 and i'm also new to the BP website....
Hi everybody, it is a good idea to enroll my closing cost into my loan??
Any Sugestion