Joshua Andrews
Non performing 2nds
So I'm a little confused regarding non performing 2nds. Most I've seen have combined LTV equaling negative or at a minimum 100% equity. Meaning there is no "real" equity protecting the 2nd position.
I've hear...
Benjamin Carver
Which Direction is the Raleigh Real Estate Market Heading?
If you're tracking Raleigh, North Carolina prices then you know... we've grown a lot over the past few years. The US real estate economy in general has boomed thanks to COVID and previous rate drops. Currently, a sing...
Account Closed
New to RE Investing $ Raleigh.Buying 1st property within 30 days.
Hello BP,So i moved to Raleigh about 5 months ago and have decided that I'm going to invest in real estate. I've done a great amount of Due Diligence and research, I have a great agent as well. I plan on buying my fir...
Michelle S.
Too good to be true?
We have our eyes on an out of state multifamily 80 units property right under $2 mil. The numbers look very good, meeting the 2% rule. The location is good, safe, but the schools are bad. The seller is putting in an c...
Cal C.
Buyer BEWARE VA REO
This is a follow-up to my post last week about Flipping a house bought with Quit Claim deed. I had a trusted attorney use their trusted title search company do a title search on the property. Turns out the VA ...
Jeff Johnson
Investing in Richmond VA
What are the best areas in Richmond Va to buy and rent to section 8 tenants?For those who rent to section 8 how quickly did you have someone into the house?One last thing, what is the average rent you receive?Thanks i...
Derek Lamonde
What CAP rate do you seek? What do you call a "deal"?
Historically, I won't consider anything in NJ below a 10% CAP which is becoming next to impossible given the taxes. I've considered lowering expectations a bit or working with a wholesaler, but finding a good one is p...
May Aunaetitrakul
New Member Here from Chicago...also a Realtor
Hi there! My name is May. I am a local Realtor in Chicago, IL. I enjoy helping my clients get their homes. But lately, I have been thinking more about getting involved in real estate as an investor. From what I have r...
Andrew Banker
Closed and Inspected My First Duplex
I first came to BP about 3 months ago and have become an ADDICT. Forums, blogs, podcasts...I can't get enough! My wife calls BP my "other" wife.I have three duplexes under contract that I'm very excited about. The ...
Nikolas K.
Advised to waive contingencies
We have been advised to waive contingencies when we make an offer here in Seattle. Is this the norm in this market?