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Hello BP members...I have a flip home that's in the contract for $132K.The buyer is going thru an FHA loan, and the appraised value came out to $125. The buyers don't have the 7K to cover the difference, and b/c its...
I'm looking to get started on my first real estate investment (first home purchase). Unfortunately, I was not approved for enough to purchase a 2 unit duplex like I wanted. My plan now is to buy a SFH and live in it ...
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Hi all,
I am looking to BRRR in some of the below out of state markets and would love thoughts. I recently moved to SF from NYC, but grew up in Chicago. I am looking for 4 unit properties with value add opportunities...
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What is the best legal entity to use when flipping houses?
Bill Peterman from Chester, NYposted about 18 hours agoHello,I'm starting to analyze a few possible deals and this is one I just came across. 2 bed/1 bath upstairs currently renting for $675 however, this is way belo...
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Hello all,
I’ve been thinking a lot about buying a rental property this year.
I currently have a rental that used to be a primary residence. After all expenses we make about $250 a month on that one and I have ano...
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Has anyone found a bank that will allow a cash out refinance under 6 months? I called around a dozen banks today and not a single loan officer had heard of it. I wonder if I'm wasting my time.
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Hello BP,
I am an investor in New Orleans. On July 5-9 we have a big festival that draws 1000s of tourist to the city. I have a huge property with 8 rooms that will make the perfect vacation rental.
Does anyone ha...
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So I'm looking at apartment buildings in Phoenix, I have a list with addresses and mostly names of the companies that own them, some have first and last name of an owner but most of the leads only have the name of the...
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I would like to approach my construction investor about turning short term construction capital into a 15 yr mortgage. I am looking for name of mortgage services to help with this process. any advise or suggestions wo...