William Kwong
My First BRRR SUCKED
Been reading some interesting post on BRRR experiences so figured I'd share mine as well - NIGHTMARE!!!!-----------------------------------------------------------------------------------------------------------------...
Brian R.
First BRRRR Complete with PHOTOS and numbers
Completed my first BRRRR today thanks to all the information that I learned from the hours of reading on BP and a few books too. Ended up with a 5 bedroom 4 full baths and 2800 sq. ft. 2 story with another 1550 sq. Ft...
Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Alexander Ball
whats the catch?
I'm going on tuesday to check out a 5 bedroom rental property that is a short sale and listed at 85k. However, the description says the house is valued at 185k. How could this be? How could a house be listed at 100...
David Taylor
How do you choose your lender's location?
Because the real estate market is so hot right now, we are looking in multiple markets for our first STR purchase - all of which are outside of our immediate area.Do you see any issues with us using a local (to us) le...
Darryl Jennings
shopping for a mortgage
I'm going to be purchasing my first property soon and I'm currently shopping for a mortgage. What are the top or most important questions to ask a mortgage specialist? In addition, how many days can you get pre approv...
Paul Witte
Help me determine my "walk away" point
I’m evaluating a deal for a buy-and-hold duplex in a stable, desirable area in a midwestern college town. The neighborhood is outside of the typical student rental perimeter around the University. The sale is being ...
Ryan Copeland
Duplex for 1st Deal | Should I Buy???
Hello BP,
I could use some help on determining what to offer for this duplex. I don't know if there is a rule of thumb for what to offer, I think I read in a post that an investment offer should be 30% off ARV - rep...
Chris Seveney
What Is Your Biggest Struggle In The Note Business?
What is your biggest struggle in the Note business? Whether you are just getting started or have been investing in mortgage notes for decades, we all have our struggles. What are yours and what are you doing to improv...
Drew Poniewaz
FHA Mortgage
I have an FHA loan on my private residence. I would like to buy a new private residence and rent out my first house as a rental property. Is there anyway around the FHA loan and renting my original home? Can the FHA l...