Luke Mike
DTI Issue. How to convince a bank to do a loan?
Can I convince banks/credit unions to use boarder income?goals and story: I want to house hack a large house (5000sqft) on the beach (Bay Area,California).I found a great place. I would move in part of it (1500sqft)...
Rick Oaks
Owner financing vs all cash offer
I really struggling to figure out best way to go here is the math. I hope I can be clear for you to follow.
basically I have a all cash offer or owner financing for same price
Looks like cash office is better ??...
Brian Tome
Rent or Flip hypothetical?
An colleague closed on a single family house for $68K. He anticipates $40K in repairs and a rental income of $1400/month. The ARV will be $160K.Based on that limited information, Rent or Flip and why?Go!
Christian Carson
Gut rehab the bathrooms
This is a duplex (3/3 up-down) on a very desirable street. Grad students will pay top dollar for units in these areas. I think I can boost rents by $500 with nice kitchens / baths.Link to current layout: http://imgur....
Andy Lucero
New Member in Wichita, KS
Hello,
I have been in retail management for 15 years and am now looking to branch out into the real estate investing world. I want find rental properties to start the BRRRR method. I understand that real estate i...
Wendy Carpenter
Delayed Financing Exemption?
Can anyone educate me about using "delayed financing exemption"?For example, if my partner and I found a property that was a foreclosure and needed a bit of work, can we use our HELOC's to buy it outright with the cas...
Sean Griffin
What is the REAL rate of inflation 2.5% or 12.5%?
In my opinion, inflation rates are extremely understated, please see these two articles that drive the point home:http://www.businessinsider.com/if-people-knew-the-...https://www.zerohedge.com/news/2017-05-09/devonshi...
Redgy Saint-Germain
On a 203k loan is it common to ask the contractor for receipts?
I would like to compare projected materials cost vs actual cost for my current 203k renovation to aid me with my future offers and estimating ARVs. I feel nervous about asking my contractor for receipts because I woul...
Tony Otis
Multiple interested tenants
I'm looking for advice on the best way to proceed when multiple tenants are interested. My rental is in Minneapolis, MN. If I have a lot of people interested, could I ask the interested parties if they're willing to...
Kristie Eddy
Background checks necessary for student housing?
Hello BP! I am a newer investor and have added a multiplex recently to our portfolio that will be rented to college students. I want to ask whether or not other landlords or property managers are running credit and b...