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I found the perfect investment property and I’m not sure if i should use a hard money lender or take out a Mortage. This is my first time using an hardmoney not sure if i should proceed or explore other options. Any s...
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Hello all, new investor here looking to get in the game. I bought a house in Arvada three years ago which I now rent. I cash flow $650 on it with my current loan. I just had the house appraised for $495K and I owe $33...
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Hello BP colleagues,Looking for some guidance/advice here. My sister recently purchased a 2 family home with a 5% down conventional financing loan on 9/8/2017 for 304k. She then proceeded with a full gut renovation wh...
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Aloha BP! My name is Zasha and interested in flipping a couple homes to build more capital to buy homes outright (refi in 6 months) then buy-and-hold properties but also wondering if I should buy an owner occupied hom...
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Hello all,I am currently looking at my first deal and wanted to throw the numbers out there to make sure I'm in the ballpark. It is a duplex, electric is separate but water and gas are not.Purchase price: 71,000Annu...
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I've begun researching companies that handle checkbook LLC IRAs and I received some info from the Security Trust Company stating they will charge a 2k set up fee which includes setting up the LLC and handle all other ...
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I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%. Turnkey propert...
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Hi Folks,
I am getting all my ducks lined up for starting my first flip. I have about 30k saved for my first project and I plan to utilize a hard money lender for purchasing the home. I don't feel 30k may potentially...
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Dear all, I am an out of state investor, trying to really get invest in the DFW market. My agent direct me to Denton and Collin county, in which I think is a great location. As i do my calculations, in which i put 6% ...
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I have my eye on a property in which the foundation on one side of the duplex has crumbled due to run off from the hill to the rear of the building. So much so the kitchen floor towards the back of the house sank in a...