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Ok So I bought a 13 bed 7 bath rooming house. I paid 120k cash. It appraised at $350k. I owe a friend 65k they loaned me to secure the deal. I own the house outright and need to borrow against it to pay my friend back...
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I’m wanting to BRRRR, but how much of my personal money or savings do I need to do it?
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Hi guys I currently have an FHA loan on my townhome that I purchased Aug 2019. I currently have a 3.5% 30 yr fixed and was looking into getting a 2.875% 30yr fixed conventional (main reason is I want to get rid of the...
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Buying a home is one of the biggest investments people make in their lifetime. This is why it's important to be well prepared for it.The hidden costs of buying a home include property taxes, closing costs, utilities, ...
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Hey BP Community!
I am currently working on my first fix and flip and looking for a simple spreadsheet to use that tracks expenses i.e. buying costs, carry cost, rehab, misc expenses, closing costs so that I can ha...
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My IRA LLC was finally able to close on a duplex. All of the lenders for non-recourse loans either wouldn't lend on the property or their terms were not favorable for me. So I bought the property in cash. WOW what ...
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Hi,
My stepson is 20 years old living in Southern California. He has been saving for some time and wants to buy a condo or some type of property to get started on his real estate journey. I am an agent in Idaho where...
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I have run multiple reports and I cannot for the life of me figure out how the 'Profit If Sold' numbers are calculated for each year. I was hoping someone could help me figure out how the 'Profit If Sold' is calculate...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $199,000
Cash invested: $10,000
This property is located in Pigtown, Baltimore. A few blocks from the Ravens and Orioles stadiums...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $271,000
Cash invested: $20,000
Sold this home to my partner where we have lived and house hacked as a live in flip...