Mike Makkar
Need help with due diligence on a Note (first attempt at this)
I'm a Note noob. Need some help analyzing.Property Valuation = 66kNote's Unpaid Balance = 25.2kNote Sellers price = 21.6k (standard 85% of UPB)Sellers claims note "performing", but has unpaid taxes of 8.5kLoan maturit...
Mason Jeffries
Rental income... Do lenders accept it?
So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
Steevee Reroma
Where to look in SoCal
Hello, Partner wants to start investing within driving distance from us, about 2-3 hours away from Los Angeles. Where is still a good place to look? Were looking for properties under $250K, turnkey or BRRR preferred. ...
Account Closed
Better cap rates
San Diego has pretty low cap rates in 4-5% range.Where can I find higher rates around 7-10?
Bob D.
Borrowing Money For Down Payment...Can This Work for Investor?
My partner and I have access to friends and family money to use for down payments for buy and hold properties. How can we structure a deal for an attractive return? They won't just give it to us, but we can't do deals...
Chan K.
How to Structure a Single House Flipping
Hi BP House Flipping Community,
Today I would like to discuss and brainstorm how to structure a single house flipping.
First, I will lay down what I know so far.
Then, I would like to hear other m...
Mark Devens
Flipping Mobile Homes...Does it work?
There's a lot of discussion about flipping houses, but what about mobile homes? I'm just starting out in real estate, but to me it makes sense (at least for a little guy like me), because there's less money invested, ...
Blake McLaren
Deal or No Deal?
Ok, so I've been analyzing potential deals for 2 months (maybe 40-50 total) or so and am getting an itchy trigger finger for my first deal. This popped up on our local REIA site and is bring sold by a large buyer/hol...
Jared Baker
Is this Partnership "Illegal"?
Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...
Jonathan Streufert
How to start my journey: mentor partnership or house hacking
Hello everybody! I'm at a bit of a crossroads as far as how and when to start my investing journey, and would like to ask for some opinions as to which road I should take. I understand there is no clear "right" and "w...