I am shocked to see how few members prefer investing with cash only, no leverage. My current strategy is to buy a house or 2 each year for the next 7 years all cash. This should position my family to cover all of ou...
Hey guys! My name is Ben Morand and I’m a 20 year old college student at the University of Florida. Over the past several months I have taken all the action I feel I could’ve taken in terms of growing my real estate k...
I have seller want to sale his 8 units apt and asking price are $630,000. The rent for each unit are from $600-$700 all utilities bill pay. Tax will be annually $7200 Insurance will be $6000miscellaneous expense will ...
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
How many lenders does one get interest rate and closing costs quotes from before deciding on which one is the best and which one to go with?
Hi all, I've been reading these forums a lot the past few months, and have sort of gotten to a point where I am lost and need some extra help. Some background: I purchased a rental property 6 months ago with my partne...
Greetings BP members,I am looking for a little feedback.I do flips in San Diego and have had some success in wholesaling outside of California. I have found that even though the cash flow is nice, what I am really doi...
Hi BP, I was trying to explain real estate development to a gentlemen who is interested in getting "in the game". I was explaining how I structure the purchase of land into deals and how I go about it. It got me thi...
I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
Hello Everyone,
I'm currently living at home saving money as I'm looking to purchase my first home/townhouse by the end of the summer. From my research so far, I see that I can put down 3.5% with an FHA loan. I was a...