David Lou
Property loss, claims, and contractor questions (first post)
Hi all,This is my first post on BP! I’m still new and only recently discovered and listen to the podcast and find the wealth of information on here very valuable. I realize my questions below are going to cover a wide...
Lauren Cutchen
Sticking to the Numbers!
We have been looking non-stop for a house to flip for the last 2 months. We have been really eager to get started and have signed up with wholesalers in the area, been driving for dollars, and sending direct mail. And...
Steve Hicks
Looking for some advice for re-negotiations with a seller
I’m currently in the process of purchasing an “as-is” rental property for $100k. The inspector has just confirmed it will need a new roof. How should I now approach re-negotiations with the seller? Thanks
Jorge Lopez
New refinance that is coming to home owners
FROM MONEY It's About to Get Easier for Over a Million Homeowners to Refinance Their MortgagesTwo new mortgage refinance programs launching this summer should make it a little easier for lower-income borrowers to save...
Paige Laughton
Need advice on leveraging equity for our 2nd rental
My husband and I currently live in a suburb of Austin, TX. We bought a new house to move into in December 2020. We planned on remodeling the house (it was extremely dated), moving in when the remodeling was done in th...
Hilary Stalder
Rental, Flip, or New Build?
My fiance's dad has a property that is owner financed. His current payment on the property is interest only payments for the next 6 years at which point the loan balloons (he is family friends with the owner and could...
Dave Olverson
Closing Costs Seem High in Indy
Hi All,I am looking at a deal currently on a $72,000 property, where the loan amount would be $57,600 (20%).Everything looks good and the rate from the lender is 4.75%, which works well for me.The closing costs are st...
Andrew S.
How do I proceed on a potential deal here??
I have acquaintances who are looking for a commercial space for their business, about 3,000sq/ft and are able to afford $2,000 month rent (close to what they're paying now but are being relocated by the landlord at...
Bruce Clark
How do I run numbers on a potential commercial deal?
I have experience with buy and hold residential rentals. However, I have no experience with commercial property or leases. With this said, I recently came across a commercial property that I believe presents a great o...
Jordan Hamm
New member calculations... Looking to learn
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...