Abdul Rahman
Direct Mail Questions
HI BP community, I am a new investor looking to flip houses and start my direct mail campaign. I plan on getting an absentee owners list from listsource.com but had a few questions: 1. When getting an absentee owner ...
LaShelle S.
Local Bank in Richmond
Can anyone recommend a local bank in Richmond? My bank is out of state with no local branches and I'd like to have one locally that I can easily make deposits into and to collect rent.
Vonetta Booker
HELOC rejection due to nonexistent info...WTH?
I applied for a HELOC with TD Bank, and after nearly a week of calling & checking on my application (they initially claimed it would take only two days), they finally said my application was denied. "Based on what...
Walker Seid
self-directed 401 k loan
I'm interested in rolling over my 401k into a solo 401 K in order to take out money for a down payment on investment property. is this a good idea or a bad idea? I'm wondering if it is a better idea than pulling my...
Henry Perez
How Can I Scale My Multi-Unit Portfolio Using Refinancing?
We're currently looking to invest in two 30-40 unit properties in the Sacramento region over the next year. Our equity would be $1M in each and total purchase price we're looking at for each is in the ~$3M range.Our c...
Shane Craig
Opportunity Knocks Or Does Failure Knock
In the past I would only buy rentals that had great cash flow. In my area it's relatively easy to get single family homes close to the 2% rule and apartments at the 1% rule( C class properties). I have many homes and...
Marc C.
40-100-Unit Insurance Cost Estimates?
In negotiations on a 60-unit. Budgeting $15,000 for insurance; I've been budgeting $250/unit/year when I do pro-formas on buildings of this size. However, I wonder how that compares to actuals that some of you owners ...
Account Closed
Which property would be the choice for first time investor?
I'm a first time invester. There are 2 properties I'm looking at. One is a condo for $214k asking price for 1500sf. The other is a house 1200sf at $204k asking price. Both have HOA. How can I find out how to set rent...
Kyle Bergren
Starting an Owner Builder Network in Kern County
BP members, just curious if any of you who live in Kern or LA county are frustrated with high price of homes and decided to take a leap into building your own home either as a DIY Owner Builder or as acting as your ow...
Ron Guerra
Wholesale purchase advise
Im ready to purchase my first property and I'm looking in the Tx Houston, San Antonio area. Or Kansas City, Indianapolis, or possibly Sacramento CA.
I'm looking for advise on how to proceed to purchase wholesale prop...