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Results (10000)
Garrett M. First Deal! How does this deal look to smart people?
10 June 2015 | 14 replies

Hello out there in BPland! I would be grateful for any thoughts on this potential deal. It is my first and I'm nervous because it looks pretty good to me, so I must be screwing something up! I have a deal in contract ...

Chris Sparrow TOTAL NEWBIE FROM ALTADENA (LOS ANGELES COUNTY), CALIFORNIA
11 August 2019 | 16 replies

Hello All, I’ve been lurking for a few days and listening to the podcasts, but I thought I’d go ahead and introduce myself!
My husband, an Apprentice Electrician, and I, an entertainment industry professional, are bo...

Michael Ueltschey Average profit on Retail Flip
11 March 2009 | 17 replies

I was wondering what people average on Retail or wholesale flips.

The price range I am dealing in is 50-100,000 purchase price.

Thanks,

Chris Ferren Partnering with a GC
19 January 2011 | 11 replies

So I'm currently looking for my first flip project and am getting more serious about writing my first offer. I have set up my LLC which will be will be taxed as an S Corp, found a great CPA who specializes in working...

Andrew B. What is the best way to tie up a property?
3 February 2010 | 14 replies

I am getting into short sales and was wondering what you all are using to tie up properties. From what I have read there are three popular methods...

-warranty deed
-land trust
-option contract

Thanks for your input!

Anthea S. personality traits or determination
25 March 2010 | 14 replies

What determines the direction one should focus in when starting out in REI …i.e… is it personality traits, capital, knowledge, contacts, negotiation skills, etc that should determine how one should proceed into ...

Account Closed Buy rental for cash, then what?
22 March 2010 | 13 replies

So I found a property that will rent for $500 and I can buy for 30K cash.

My problem is that I then will have 30K + 5K (repairs) tied up for a couple years until I could do a cash-out refi. There is no way to figure...

Susan Maneck Limit on mortgages
5 September 2016 | 10 replies

I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs.  Would those count towards the four they want to allow? 

Jonathan Trojan A lesson learned (full story)
5 October 2015 | 22 replies

Hi everyone,

I would like to share a story of success and failure. The first flip I ever did I made $65,000 and was riding high. I was on top of the world. That's when it all fell apart.

I listened the realtor t...

Jack B. Tap rental portfolio equity and reinvest?
3 May 2016 | 9 replies

I can get a total of 200K out of my rentals right now. With cash on hand I'd have about 300K to invest when the opportunity arises. This would finally put the equity in my King County, WA area houses to good use. Thin...