I just finished my first flip and learned an important lesson - there are some restrictions for FHA buyers purchasing flips where the investor purchased the property <90 days ago. Sharing this with the BP community...
Hello BP!I’m in the process of closing on a 2 flat + living space in a C-/D part of Chicago that is on the outskirts of a very up and coming neighborhood.- Was on the market for $120k 3 months ago- Dropped to $100k 1....
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...
I am sure that there is a spectrum of risk that we could all chart ourselves on and therefore I am not looking for right or wrong answers to this but am curious: How much are you keeping in reserves for each of you...
Greetings Ladies and Gentlemen,I have been waiting to drop this post to this warm community for a while, and it seems that now is the right time. I realize this is fairly long, so thanks for your reading.I have been n...
Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...
Looking to start investing in real estate as part of my portfolio to get some reasonably passive cash flow going.A little about me and where I'm at.Been in the tech industry for a number of years in SF, but trying to ...
Just trying to find anyone from southern Alabama who knows a little bit about the local market there in the Dothan, Enterprise, Ozark area.
Hello all. I have a question about how to connect two acquaintances to make a deal:1. The first personIn a recent conversation, I have learned than a former landlord of mine is seriously considering selling three of h...
Done deal! I am sharing my experience here with the rest of the community. After over a year of tenacious searches, analyses, and offers, yesterday August 1st 2017 turned out to be the closing day on my 1st owner occu...