James Letchford
International Investors for Domestic Deals
I was recently traveling abroad (Australia) for my day job and told some longtime friends of mine about the real estate investing I'm doing in the US. They were immediately intrigued by my approach/success and wanted ...
John Bucknum
help analyze potential first deal
Hi BP, new investor from Pittsburgh, PA area. A friend alerted me to a potential first deal up the road from him. he is an investor, all SFR in this same town, where is very active in the community, i.e. on board, vol...
Raymond M Dalida
Help with my first deal
So I've got my first deal negotiated. Going to an attorney to get advice and contract but was hoping to get some insight before I go see him so I'm not flying totally blind. Out of state homeowner wants out of her hou...
Sam Wydner
Insight on my first deal
Hello all,Hope everyone is having a great new year!Ive closed on my first deal and would love to get some feedback or even constructive criticism on my own analysis.Thanks in advance! Gross Monthly Operating Incom...
Jeshua Patrick
Deal Analysis in Charlotte, NC
Need help on a deal analysis. Looking at a duplex in Charlotte. House appears to have been fully renovated. Open house tomorrow. Some numbers such as insurance and repairs are unknown. I will update after I see the pr...
Dave Charlton
refinancing an owner finance deal
I'm looking at doing my first owner finance deal in Greenville SC that I have paid for with cash but Im learning that having all my cash in one spot not the best idea so I wanted to see about refinancing the house aft...
Benjamin Miller
First Deal Re-finance Question
Bought a foreclosure at auction and currently cleaning it up to rent. I know the BRRR method has your refinancing with a bank but I was told that if you purchase a foreclosure they re-finance off of the purchase pric...
Roberto Costa
Have deal, need financing options
So I have been using local FCU in Norfolk, VA to do my deals (buy and hold). 10% down and rates were 3.25%. Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program...
Brandon Malone
Would you purchase this deal?
Hi Biggerpockets,I need some help evaluating a deal. I currently live in the DC area and put in an offer on a property with the following details:Listed Price: $235k Estimated Value: $245kRequired Repairs: $7,500Avera...
Pat Jackson
Bidding 87% on HUD deals
I've read a lot about this, and know that HUD generally automatically accepts offers of 87-88% Anything lower is either countered or manually accepted later.Say the asking price is $100,000. Is the 87% rule as simpl...