Zachary Schimenz
My Experience With Memphis Invest (Turnkey Company)
Hey y'all! So, I recently tried out my first home purchase with a company called Roofstock and had a terrible experience.This is round number 2!! Going with a company called Memphis Invest. They have a TON of good rev...
Robert Granara
refi an all cash deal
here is my deal, the listing broker says cash only deals...its a 2 family...100K price, needs 10K in work...rents are 1200 and 1500
my ? is if i do a cash deal it will be all of my cash...i wa...
Kyle Gregg
Recent burglary under a builders risk policy, who is responsible?
More drama with my recent 203k and i need some insight....We have moved into our 203k rehabbed house about 3 weeks ago. Last friday someone broke into our house and stole about $5000 worth of personal property. I cont...
Troy Studer
First Time Investor (Property Analysis)
Hello,
I am a first-time investor looking to buy a local Duplex.
The home is posted at a listing price of 134,000. As is, the home can rent conservatively for $900 per unit. The property requires no major CapEx in ...
Tyler McKendry
Rehab project.. estimated repair cost?
Hello,I am brand spanking new to real estate investing. I found a SFR 4/1 in a ghetto+ area (I suppose a C-?). 1100 sq ft, 4BR 1bath, 2 minutes to major highway and looks out over a lagoon. It's possible to turn the ...
Justin Youngblood
Tenant Turnover Issue
Hello,My current tenant is in the process of moving out. She gave 30 days notice and was supposed to move out fully on 8/18. She had begun moving out and was not living in the property since 8/12 but still had lots of...
Eric H.
HELP!!!! Assuming a loan, subject to, in Baltimore, MD
Hey BP Fam,I have a property owner that is willing to let me assume his loan. According to the rental numbers provided by the owner, the property cash flows at about 2.8% of rents and is currently 100% occupied. Does ...
Michael Lerch
Setting option purchase price above appraisal?
Hey everyone, I'm on my 2nd sandwich lease option deal and I'm trying to figure out if I can set the option purchase price above it's current appraisal value because of the option consideration fee they're paying m...
Christopher Montgomery
2nd Lien Question
Good morning All,I am looking at a nonperforming 2nd lien and while doing due diligence. I find out that the property is in preforeclosure from the 1rst lien lender. If I were to purchase this not how would I go about...
Corey Smith
Portfolio Lenders
Portfolio Lenders seem to be a good way of breaking the four-loan limit that many people talk about, but my question is about the ability to use a bank that offers them as a new (ie. First Time) investor. Who out ther...