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I am currently looking at a 4 unit property, fully rented. My model is to buy properties with cash, renovate, lease and refinance. If purchased and renovated at the right price, this allows me to get my money back a...
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Hey guys,I have been studying and learning for the past year but I am finally ready to buy It seems like alot of the multi family listings are at great prices in rhode island and am getting slightly overwhelmed with w...
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Hey everyone! I posted recently about a house that needed a full gut to flip in the Philly area. The house is listed for $235k (was at $250k on my original post) but my agent talked to the seller’s agent and they indi...
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I just got under contract on a property with 3 single family detached homes (all 2 bed / 1 bath / 900 sqft) on 1 parcel ID. 2 of the units are rehabbed and 1 of the units needs $30,000 in work (main issue being a new...
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I have a question about using my LLC to originate a loan that my SDIRA will fund. I will not be lending to myself but to qualified party so as not to create a prohibited transaction.
My question is, since my LLC is...
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Hi all,I recently sent a letter to our tenants based on advice from this forum. I spent a few hours curating a list of resources for tenants to leverage in times of financial distress with a focus on the current COVID...
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Hi! I have a property that I found via wholesale postcards, but I think I want to make this one my own deal for a few reasons.1. I want to move out of my parents house2. It seems like an amazing deal to start with, lo...
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I live in Navarre, FL just across the bridge from beautiful Navarre Beach which is nestled between Destin and Pensacola Beach. We're becoming quite a popular tourist destination and I would like to invest in a condo t...
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Since I lucked out and found BP, about 6 weeks now, I have been reading everyday at least 3 hours trying to learn as I know nothing about real estate. I've read J. Scott's books (fantastic) and have listened to se...
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Hi everybody, I'm hoping to get some advice on a 4 plex that I'm considering.It is located in a C- (do not go there at night neighborhood) of Los Angeles. All units are 2 bed 1 bath. The property has been maintained...