Amia Jackson
HELP!!!Why The Heck are these closing costs so high?
My husband and I just had our offer accepted for a triplex. We are attempting to use a 203k. We got our first closing cost estimate and we were blown away by the freaking closing costs. 20K before rolling in our UFMI...
Jack Medford
How do you determine costs for a new rental property?
Hi everybodyMy wife and I are looking to buy our first rental property, but we are not sure the best way to account for reoccurring costs. We know we need to plan for things like repairs and maintenance, but don't kno...
Sumana Potluru
Why would a contractor partner with a newbie investor?
I’m a newbie investor with a full time job but have money for a down payment and very good credit. Why would a contractor partner with me on a flip or brrr investment? What do I have to bring to the table?
Josh Setterbo
Interest rate change following loan disclosures being signed
BP,We have a home under contract with conventional financing. At the time of the loan disclosure document signing our interest rate was 3.375%, this was on July 7th. Today our lender asks if we want to lock in the int...
Elijah Williamson
How to determine vacancy in a market.
I'm having trouble determining vacancy rates when analyzing potential markets. How do I know if I should be saving 5%, 10%, 15% or whatever the number is? How do you go about determining what you should be saving?
Alex Gadbois
Looking for $100k property in Sacramento. Buy and hold or flip?
I am looking for a property in roughly the $100k range in the Sacramento area. There are some SFR's and condos on the mls in that price range. Most of the SFR's need work. I have about $25k in the bank, but I am tr...
Bryan Lancia
Possible good opportunity for first house in Pittsburgh
About a month ago, I found out my Fiance's Aunt and Uncle we're selling their old house in Mt. Washington that they haven't lived in the passed 8-9 years or so. I didn't believe that they still owned it until I looked...
Jonathan Taylor
Four plex adventure! Purchasing story in LA
Hi BP folks,Since I've gained so much from the purchase and rehab stories here I thought its my time. Here are the details of my project. This will be a Buy Rehab rent, I will NOT refi. Details below. My goal for this...
Andrew Fernquist
Springfield, IL – BRRR Analysis
Hey folks,Not yet familiar with the Springfield area, but wanted to see if anyone had thoughts/suggestions on the analysis of the following BRRR deal: https://www.realtor.com/realestateandhomes-detail/...This is a sid...
Brittany Franken
First buy and hold analysis
Hi everyone, I'm looking to get into my first investment opportunity. I'm currently looking at a great potential buy and hold rental. From my initial analysis, it looks like a good deal. I've already looked at the hou...