I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.

The loan package consists of a 6 month IO const...

Negative Cash Flow, 2 Family - Advice & Analysis

Introduction

The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...

Hi everyone,
I’ve been a BP member for some time, where I’ve read many BP books, listened to most episodes of the podcasts, and established a relationship with a real estate agent who has taken me to a couple open ho...

Are you using your home for something beyond shelter and lifestyle choice? Is your home part of your real estate investing strategy?

Examples:
--You move fairly often to take advantage of the home sale tax exclusi...

Last weekend I looked at a duplex that is not on the market yet. This will be an owner-occupied building as I need a place to live. The asking price makes financial sense but as an investment obviously I'm looking f...

So my first true deal (besides a raw land flip) will be a spec build. Actually it'll turn out to be 3! My good friend is a builder and let me in on a deal that he knew of. I purchased an old house that I will t...

Hi all,
I am embaking on a new path after many years building residential and would like to get some feedback on rv park investing.I am talking about destination type parks, typically not mixed with mobile homes. Many...

(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...

I live west of Chicago by about 45 miles and the real estate market is pretty good here. I'm new to creative financing techniques and am looking for a mentor. I am a licensed electrical contractor and builder but ...

All,

I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...