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Results (10000)
Trevis Kelley Debt, no money, decent income - how to start
18 December 2019 | 36 replies

Warning - this may be a long post - I will try to section it off.  I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...

David Hanson How much cash flow and cap rate is enough?
13 December 2016 | 47 replies

Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...

Zachary Stanley Do some people just have "it". Whatever "it" is...
29 January 2024 | 29 replies

Do you ever run across individuals that just have "it"? It's the "it" factor that some people just walk around with, conduct their business with and operate their life with. My question is what is "it"? Is that years ...

Account Closed Kiyosaki talk. Write off RE with business??
10 July 2019 | 41 replies

Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...

Carl Schmitt "Flipping a short sale is illegal"
15 September 2011 | 39 replies

I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...

Douglas Middleton HELOC 1st Lien Position
8 April 2024 | 39 replies

Hi fellow BP Colleagues!  I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own.  I am  finding lots of evidence of this elusive loan product around the BP forums,...

Pedro Torres Cash vs Financing on low cost properties?
25 February 2023 | 74 replies

Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...

Erika Geoffrey Would you purchase strictly for cash flow?
14 September 2022 | 61 replies

Hi all,I've been finding really good deals for cash flow in some of the smaller towns. However I'm a bit nervous about purchasing in a town where there's not much going on.We are foreign investors, strictly purchasing...

Ida Saidkariev 1st buy, and not so sure if I should just go for it
14 August 2017 | 46 replies

Soooo...I found this fixer upper property on MLS , it has been there for 3days so far. Its listed as duplex, but it has four units rented out . Looks like needs exterior paint maybe more, no due diligence allowed till...

Blake H. A Punch to the Gut 👊
28 August 2021 | 90 replies

Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...