In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Here's the thing: I'm thinking about buying a house that would make a great rental if we need to move out of the area (which is somewhat likely). I used the Rental calculator to see how the numbers would crunch. The h...
What metrics should I be looking at to identify a good multi family property? Appreciate the help!
I bought a condo in 2015 and lived in it for less than two years and then rented it out for a couple years. This was all before I found BP and knew anything about real estate investing. Once I joined the community and...
There is so much speculation among realtors, lenders, and real estate investors about the “shadow inventory.” I wonder what’s really going on behind the scenes at the banks with regard to releasing inventory? Does any...
After reading a blog post here on BP about double closings, I was inspired to attempt a double closing on a wholesale deal. My title company informed me that here in Texas the amount of the B to C closing will be rev...
Are you going to risk thousands of dollars buying a property from a wholesaler? You better make sure they know what they’re doing, or you can lose every single penny.By asking seven simple questions, you can separat...
How do I start investing into real estate when I don't have cash or good credit? Do I build a business plan and then present it to hard money lender? How does it work? I need a step by step process order and operation...
How many agents who work with REO properties are disclosing to their buyers that they may not have a clear title to that property? Went to the local REI meeting last night and they were discussing how the banks and re...
Hi everyone,
I am new to real estate investing, but I am very excited to invest in my first property. I have saved enough down payment and am ready to go, just trying to find the right deal. The problem is that in So...