Aaron Kaminer
Any Highly Successful Flippers In OKC?
Hello all,
I am a real estate investor and business owner (of KL Property Group) operating out of Oklahoma. I have a successful and lucrative career in tech., which I plan to eventually replace with full time real e...
Brent Langlois
Overcome Debt to Income (DTI) Ratio
I'm looking to acquire my second rental property and I'd like to use conventional financing, however it's looking like I'm going to hit a road block with a high DTI. Curios to hear how investors have overcome their hi...
James Austin
Hard Money Loans for Wholesale Ventures
Good morning all, I just had a quick question this morning so I figured I would ask. Has anyone used hard money loans to secure and sell a wholesale deal? Or would this be illegal or maybe even a who...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Seth Hursh
Duplex
Like I said in my introduction, I am moving to Florida and want to start investing in real estate.
If I were to invest into a duplex and rent one side out to cover my mortgage plus some, would that be logical. Or sho...
Nik Parks
When to call a realtor
Hey guys,
Just a little back story to my question:
I've been living in NYC for almost two years. Rent is absolutely outrageous here (I'm currently paying $1,400 a month for a one bedroom).
My plan is to by a multi ...
Chris Drury
Putting rentals in LLC
Hi BP team
I am looking at purchasing 4 properties in the next 30 days but would like to put them in an LLC with my investment partner. Primarily to protect my other assets but also so we can claim expenses for taxes...
Jeff Zatlin
valuation question for a single family residence
I'm interested in buying a single family home as a rental property. Projected rental income would be $850/mo gross. Based on the 2% rule, the purchase price shouldn't exceed $42,500. Using the 50% rule, the pric...
Hector Perez
Owner wants to stay after property is wholesale?
Hello BP,
I am closing a house in two days from now and got a call yesterday from the owner who needs extra time after closing to move, he requested a week, then a month.
What do you recommend? The buye...
Account Closed
Paying off a loan early
About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...