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1st time buyer: Owner Occupant or Rent
Okay, so I ended up starting two threads in one day but while I was stressing over where I'm gonna end up living 3 months from now:
I feel like I'm having such a hard time deciding on what I want to do because I alwa...
Account Closed
[Calc Review] Spot the Errors?
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey all! This is my 2nd ever use of the calculator and I was wondering if you could help ...
Jeremiah Belin
Owner Financing Question
Can you get a property under contract with the seller and then rehab the home and then try to refinance it with a bank while it’s still under contract?
Maytal Hess
Markets seeing success atm?
Hi BP Fam! I am in the process of my first 1031 exchange. I had a buyer over the summer that totally screwed me. He led me on and then ghosted which put me in a totally new environment. I'm finally closing but the new...
Jose Ramos
Help with FHA 4plex analyses
Hi there, I am looking to buy a newly constructed 4plex ( 4 townhouses) in an exquisite neighborhood. I will be living as a owner occupancy for one yr before building my dream home ( I am a physician). See numbers be...
Scott Bartlett
Low-Ball Offer on an REO thoughts?
I just put in my first offer on a REO property owned by Chase Bank.
The property has been on the market for 148 Days.
The property was listed around October 12th of 2012 at $25,000.
45 Days Later, the bank reduced ...
Gustavo Juarez
$80k on hand but bank says DTI too high to finance , now what??
Hi all, so my dad recently did a cash out refi on his only rental property and pulled out 80k. He wants to invest by buying BRRRR properties. His plan was to use the funds to put down 20% on two 100k rental properties...
Adam Kozuch
Suggested Readings for new Milwaukee Landlord
Hey BP,I will be a new landlord in Milwaukee, Wisconsin soon and I am wondering if there are any specific readings for the state I should look into. I have already looked into "The Wisconsin Way" and Wisconsin statute...
Robin L.
1% Rule in Canada - is it possible?
Hello Everyone,
Hope all is well with you.
Over the past year I have been reading books, watching real estate investment videos, and the 1% rule seems like a common target a lots of investors looking for. It is basi...
Juan Turner
First Commercial Property (8 Unit Multi-Family). Good investment?
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...