Bindu Somana
Renting a house bought initially to live in
Hi,
We currently live in a town home that we bought as a house for us to live in. We have lived for over 5 years and are now looking for a change. We are not in a position to sell the house as it is underwater. We wo...
Scott Gombar
Rehabbing Question
We potentially found a really good deal. We are going to have contractors look at it to get an idea of what needs to be done but at first look it needs a complete gut then new walls, fixtures and appliances. It will...
Belinda Lopez
Any 2nd lien Note Buyers? Or is there another way to structure this $2.28 million deal?
I'm working with a seller of a $2.28 million dollar RV Park. We just found a commercial lender to lend for $1.75 million, $200k cash from buyer and the seller is considering taking the rest in the form of a $484k ...
Justin McWilliams
Santa Monica vs. West LA
Hi BP, I'm hoping to get the input of the forum on which would be the best investment. I have had offers accepted on both and have one week to decide. My plan is to live in one of these properties for now but eventual...
Brian Smith
My first little property analysis
I'm looking into purchasing my first rental property from an inheritance left by my father (I feel like he would be cheering me on right now!). I have several questions about the deal and just as important, how I shou...
Ray Martzloff
1st Flip , Need Opinion on Flooring
I just recently purchased a home for 150,000 and needed some feedback on what type of flooring to get for the main level . The house is going to be flipped and I want to save a little cash on the flooring if it doesn'...
Anthony Geren
ideas of making my first investment
So im a brand new REI and right now im just absorbing all the info i can on being a great respectable REI, and to be as pro ready as i can when i pull the trigger for the first deal.really mainly looking into flipping...
Damian White
Out of State 4 plex purchase
Hello everyone. I found an out of state 4plex How does this analysis sound?
Purchase Price: $188,900.00 Purchase Closing Costs: $3,999.00 Estimated Repair Costs: $0.00 Total Cost of Project: $192,899.00 After Repai...
Felecia Brown
RENTAL PROPERTY INSURANCE
What do you guys typically pay for Insurance on Rental property? I pay $2004 per year for a SFH in Harrisburg PA. is this too expensive?
Also includes pump and sewer backup
$428, 000 rebuild value
$500,000 Liabil...
Matt Horton
My first deal
I just started my first rehab this monday.I have been preparing for this for about 6 months reading bigger-pockets ,jscott,and danny johnsons,websites countless times day and night .My background is residential and co...