Ben Ballinger
Best retort to "send your best offer"?
Seems like every time I put an offer on a property that is less than asking price (or even when it is asking price), they come back with "send your best offer".
I get it from their perspective, it's a smart response,...
Russell Gronsky
Appraisal Came In Way Too Low
Never thought this would happen but even in a hot, seller's market, Murphy finds ways to strike.I bought a fix and flip in Feb of this year and while I was remodeling, I saw houses in the same development, with the sa...
Jason Fox
Seattle / Tacoma Area, Does the 1% Rule still apply for rentals?
Hello All, longtime reader first time poster ha ha.....My question is this, does the 1 or 2% rule apply here in the Seattle area? I dont see how it could, please read on. So this past spring I had an epiphany and ...
Patrick Nickell
Owner Occupied Duplex - Real World Situation - Can't Really Template
Hi everyone. I am new here so please be gentle. I have been doing a TON of research and am new to the world of real estate investing. I have consumed a ridiculous amount of information and at this point everything is ...
Tunde Osilaja
Beginner Starting Off w/BRRRR
Hi there -- I'm a relatively new RE investor (just closed on my first property in May), and I'm researching locations to begin building my portfolio of RE properties. My two options are: (1) =Continuing to invest loca...
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
Frank Ugboh
Non conforming Units
If someone is selling a 4 unit with 2 units non conforming (top and garden). They already have a tenant in one of the non conforming units. How much of a discount should I ask for or is having non conforming units som...
William Richardson
Scaling Up Out-of-State
Hello All,I have a few questions regarding scaling up in an out of state location. I currently reside in Long beach, California and in that past months have came to the realization that finding cash flowing properties...
Sean M.
Dealing with Underwater Notes
So I've got a good handle on non-performing notes (2nds) that are both totally and partially covered by remaining equity in the house. Does anyone deal with or know the approaches for no equity 2nds? Seems like a g...
Manuel Angeles
What would you do if you had $1m ?
If you had $1m...Would you rather1. LEND ITat 7% interest 1st TDs or 15% 2nd TD with equity, or whatever you have agreed with the Borroweror 2. LEVERAGE ITAnd use portions of the $1m as down payments to acquire other ...