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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $20,000
Bought an FSBO for 50k in 2020, put in an additional 20k for repairs and updates. Wa...
Relatively rookie investor here even though we've been renting out a home for about 10 years. Originally this was our family home that we bought from a builder around 2005 and then took out a HELOC to do landscaping,...
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Hey guys I’m in St. Louis and was just wanting to know are there any meet ups going on virtually/in person in St. Louis MISSOURI?
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Hi everyone, I have invested in an SFH construction project with some friends. My investment was $25k and project completion was May 2021. I paid them in Dec 2020. Due to the recent housing crises, the project saw del...
Thinking of becoming a mortgage broker. Any mortgage brokers on BP? Is it a good job or side hustle to have? Working independently or with a company- which is better?
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I’m looking to purchase a quad and I want to use the future rents to show that the property can pay for itself. I’ve been told that you can do this, but when I asked my loan officer if that was a possibility, he said...
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OK, I have contacted the bank I have done business with for years for personal stuff to see about a loan for a property. They want %25 percent down. Is that normal to be that high, or do I need to look for another ban...
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Hello BP family. I have a property in Philadelphia where I rent out rooms(6-12month terms). This is my first rental. Right now there are 2 tenants in the property. The third and final tenant moves in this week. One...
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So, I have this crazy idea after reading the first few chapters of Craig Curelop's The House Hacking Strategy. I am a new, green investor with big ideas willing to sacrifice. My fiancé is not as gung ho because this i...
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My parents (aged 81 and 89) have 3 rental properties that now have sizable equity of approximately 1.5 million. While the equity gain is nice these properties have low cash flow. They'd like to move these assets into ...