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Good afternoon BP forums :DI need some pointers on what to do to calculate my first offer.Current Situation:I have contact with the seller, and they want me to make an offer. I found this property driving for dollars ...
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Hello everyone,I have a situation and I was hoping to get some ideas on how to proceed. I was originally planning on purchasing a home with cash, but due to some circumstances with potential job relocation in the near...
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Would you do this deal?$64,000 loan$2,000 out of pocketRent $895/mo.PITI $525Little-to-no appreciationI will self-manageC neighborhood(Property is fully rehabbed and rent-ready)
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Hello BP friends,I am new to real estate and have a question and hopeing you guys can help. I have been looking into a small multifamily and found this small apartment of 6 units, good neighborhood... but this is my q...
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As I was browsing forums this week I came across a topic I believe started by J. Scott but I'm not positive. It had to do with helpful links to previous topics, discussions. Basically a laundry list for users to go...
Hi and thank you to anyone who is reading this. I am looking to purchase this house that sits right next door to me. The renter who was living in the property passed away and the owner lives in a different state. The ...
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I believe there are three types of Real Estate investors.
1. The Gifted
2. Ones who acquired the skill/knowledge
3. The person hoping for the best, with no knowledge or experience
Ive met a lot of 2s and 3s. But h...
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Hello BP,I have an opportunity to buy a duplex property for about 70k that I think I can rent out for around $1500 a month. My back of the envelope suggests less than $20k worth of work needs to be done. Screaming dea...
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Greetings, BP Members!I am a licensed attorney in CA, but I am currently finishing up active duty in the military before heading back. My understanding is that you can waive the prerequisites and directly sit for the...
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My question is it better to do a HELOC or equity loan to pull out cash. I don’t want to refinance because my APR is 2.25. So with this which would be better? I’m selling the home in a couple months anyways but want to...