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Investment Info:
Townhouse buy & hold investment.
Purchase price: $114,000
Cash invested: $63,000
Our first buy, rehab, refinance, rent. Refinanced it for $218,000 in August 2022.
What ...
I met with a commercial lender to see if I could put together a line of credit collateralized by the properties I already have. He said he could do it, but I would be refinancing my cheap 30yr mortgages into shorter ...
I have recently been pondering an idea and wanted to run it by and get some feedback!
My wife and I currently live in a home in which we owner financed. The amount we purchased the home for was $225,000. We owe aroun...
My brother found a 4 unit multifamily house that was listed way too high at $525k initially. They listing had a failed pending sale and eventually my brother talked them down to $400k sales price planning to buy it on...
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Ok so I'm in week 2 of my first rehab, about 30% finished, and I'm trying to think of the best way to move forward after. I'm thinking a good plan would be to take some of the profit and put it towards a cash flowing ...
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Hey BP,I'm new to REI and just joined in early Dec. It's amazing the wealth of knowledge contained within these forums! Here's my situation:I just closed on my first investment property in San Diego two weeks ago and ...
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My wife and I recently completed two BRRRR deals, and have some capital from the cash out refinance. We would like to get some more capital in order to scale more quickly and know a few good wholesalers, so we were th...
~This property is listed at $63,000.
~It has 3 bedrooms, a garage, a full basement, and lots of living space (living room, dining room, large breezeway). It is outdated, which is the norm for rentals in our area. I...
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I'm a new Realtor and want to dip my toes into the world of flips. I've identified a property and have talked about it with two potential buyers. One has said there's not enough profit. The other may present an offe...
I'm looking to buy a multi family unit (MFU) with 4 units in PA with FHA. The seller indicated that the attic also could be made into two additional units to make it into 6 total units. Buying the currently MFU with 4...