Michael Patterson
Closed on first property today!
We closed on our first investment property today. It's a VA repo converted 2/1/1 that we plan to convert back to a 3/1/1. We have contractors starting tomorrow to level the floors, then we begin the conversion, bat...
Aidan Swienton
Tips for beginners investing with little funds
Hello all! Currently, I am working on renting out my extra room in my 2 bed, bath condo. I am reaching out to see what recommendations you might have to get more attention on the listing. Also, what are suggestions on...
Stuart Cairns
Solo 401 K inside REI Company
Number of questions.1. Can I setup a REI Company and then include a solo 401k within that investment.? Understanding normal rules but can the REI company qualify for my own REI2. If a different business is setup, if t...
Anna Toi-GB
What is the best way to tap into the equity of primary residence?
Do banks currently offer second mortgage or heloc? My primary residence has an interest rate of 3.75%. With good credit score, tax returns, and income, will the bank need to refinance the whole mortgage? I think it mi...
Michael Fortier
Seller credit was too high, not noticed til 2 weeks after closing
Hello I closed on a house a little more than two weeks ago and everything was rolling along nicely. I got it all cleaned up and rented out on the first of April. This morning I got a call from the bank telling me that...
Brian Collins
I believe I have found a good deal and need advice
Hello BP Community,Going to look at a couple 4-plex's on Monday. They are currently listed for $39,900 and are directly across from each other, Fannie Mae properties. I have ran some numbers using the rental calcul...
Pawel N.
No Contract for Renewal, Tenants Silent (60 days out)
I have a family living in a single family residence and they've been there for three years. They mentioned they want to stay one more year but I've been trying to get in touch with them regarding a contract and haven'...
Guillermo Nadal
I invest in a d class street and have $275.00 a month cash flow.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $28,000
Cash invested: $40,000
Bouight this property in one of the worse street in this town. Bought it for 28k reh...
Jonathan Breton
Family Property Management
Hello BP Community,First off, this website and community is a beautiful wealth of knowledge! I am hoping that the community can help me get the ball rolling!Due to growing up with a realtor as a mom I have always bee...
Shannon Carter
401k withdrawal to invest
Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...