Hello All,
I am running into an issue and would like some clarification if there is anyone that can help. I am coming across some good leads that need rehab work done but some of them have a mortgage. I would like to...
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Fayetteville.
Purchase price: $90,000
Cash invested: $3,000
Purchased large single-family house (7 bed, 3 bath), wi...
I am halfway finished with RE Agent licensing courses here in Texas, and should pass the state/national exam in January. My wife is going to go in January to do the same. Our plan is obviously to work together.For any...
I checked the FAQ and didn't see this covered. I need to form an LLC for some properties that I am buying in 2018. I can go to the state website and do it myself for free (not including state filing fees), go thro...
I recently got a duplex under contract for 27K. It needs about 7K to fix up. But it can cash flow $900-1000/mo. I plan to use private lender money to fund this whole deal. My concern is mainly at refinance stage. What...
Hey everyone,I am a new REI and I am on the verge of being under contract for a duplex here in the Dallas/Fort Worth Area. I offered $285,000 with a 3.5% FHA as I will be house hacking it. The only issue I have is tha...
We entered into contract with a 3bed/1bath 1000sq ft property that was listed as R3 zoned. We based our purchase price on the future potential to build a triplex. 10 days later, we found out that it is R2 zoned and th...
Looking for some advice here. Recently sold our rental because the property was too much of a headache and now my wife and I have a decent amount of cash that we are trying to invest with. Our current home is only und...
Hi all, I am new to BP and this is my first post. I recently bought a small studio condo in Northern CA. I first tried to partner with, or borrow from, mentors who put me through college twenty years ago on this con...
We have the opportunity to purchase a five-plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new wi...