Brian Tome
Rent or Flip hypothetical?
An colleague closed on a single family house for $68K. He anticipates $40K in repairs and a rental income of $1400/month. The ARV will be $160K.Based on that limited information, Rent or Flip and why?Go!
Christopher Ragin
Real Estate Investing Advice.
Would someone mind offering advice to someone 24 years old who is interested in investing in real estate but doesn't know how to...I have read Rich Dad, Poor Dad which is about the only "experience" I have in real est...
Derek Britt
Need advice on how to proceed with property
I am a novice in real estate investing but have had a couple of great opportunities and am committed to learning. I have a couple of mentors locally who know what they are doing but I would like to run this idea by th...
Account Closed
Pay cash for primary home or put 20% down
I have decided to downsize from the house I currently live in which is worth $600k, to a house that is worth $350k. After selling my current house, I expect to receive enough in proceeds from the sale to pay for the n...
Paul Sanchez
To Buy or not to Buy with Foundation Issues?
Hi BP Community,I found a great location with an old SF unit built in 1950. 100k, 2 bd 1 ba, 725 sq. ft. Went to see it in person and it looks like the house sits crooked and there's cracking on the stucco near the fo...
Brandon Appleton
Teacher to Transformation
I am a teacher currently looking to learn about investing and how to do it all. I plan on spending my summer obtaining my real estate license but want to expand my network. My goal is that in 6 months I have legit o...
David Ray
Assessing buying a rental in Akron, OH
Merry Christmas and Happy New Year!A friend of ours is helping resettle his cousins who are Afghani refugees in the Akron area. When I looked at the cost of housing there, I became very interested to purchase in the a...
Pranav Chunduru
Fannie Mae/ Freddie Mac vs. Private Lending
I am looking for lenders in my first House Hack. I want to know what the pros and cons are going to Fannie Mae for my loan vs the Private Lending route.
Taylor Hawkins
Cash flow and cash reserves
House I want:
I’m in Southern California buying a 3B/2ba SFH across the street from me. It has been unoccupied for decades and needs a lot of work. At 1400sq ft I’m budgeting 100-150k for remodeling. It has a huge l...
Thomas Loy
What now?
So, I am at a loss of what my next step should be. I currently own three propertues. One being my personal home, one is the house my wife had bought before I met her (which we now have rented out), and the other is a ...