Rob Norris
Can't Refi Out of Hard Money
I purchased a rental property in September 2019 with hard money with the intent to refi out immediately. The property is livable as-is, and I currently have it rented on a one year least for $1,900/month. I can't get ...
Gavin Kruse
Accepted Offer On My First Deal
I am a contractor in the Iowa City, IA area.I have read books on real estate investing in the past but have never taken any steps towards actually investing. I have been continually trying to get my wife excited about...
Bridget Smith-Osbourne
Analysis
Hello BP Family,This is the deal I am currently looking at. The seller is offerring owner financing. It has been on market since last year. Ask price is $189,900. Two brick buildings consisting of six - 1 bds & on...
Peter E.
Loan Process - when can you back out
Novice question - If I have a deposit down on a property through a real estate contract and am in the process of securing a loan with a finance company, with the loan application submitted and being evaluated, can ...
David Light
Abilene Buy and Hold or Flip?
I have a 3 bed 2 bath under contract in Abilene and the current debate is buy and hold or flip.Here are the deal details:
Purchase: 64,900
Repairs: 16,811
Holding Costs during Repair: 2,500
...
Derek Carroll
Help me structure a deal
I have a motivated seller with a house that's worth about $70k looking to sell for $50-$55. Not really a lot of room for a flip or a wholesale. There is zero debt on the property.
What other strategies can I try h...
Stephen Quesnel
Considering Time when Calculating Profit on Flip
Hi - I'm a new investor looking to do my first flip in Connecticut soon.I was thinking about how most people calculate their Maximum Purchase Price by considering the ARV, Rehab Costs, and Desired Profit.Many people c...
Jonathan Wheeler
Seeking Advice on Wholesaling a Property with Tenants
Hello, I'm new to wholesaling and have a lead on a property with an out of state owner who has a long-term tenant. The owner tells me they are motivated to sell and willing to considerably discount the property for a...
Luis Toledo
SFR adjacent to future luxury MFR development, deal or no deal?
I got a lead yesterday on a 2/1/1200sqft home on .3 acres that's adjacent to a 4.75 acre parcel bought last year for $4 million to develop high end apartments. When I say "adjacent", I mean it actually borders the...
Tyler Kaye
Keeping the Ball Rolling
I just purchased my first condo on Whidbey Island. I feel like I got a pretty good deal. It was a foreclosure and had been on the market for over a year. I found it using the MLS. I used my VA loan to go in with n...