Sandhya Gorman
too many inquiries- bad credit rating?
Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...
Paul T.
Option to purchase counting as claim of ownership
I have been very interested in the lease option investment strategy lately, but when I spoke with my local attorney, a serious risk surfaced that I want to understand more. The risk is on the tenant buyer end (you doi...
Derek Famulari
4-Plex House Hack
Hello BP Community,This is my first BP post, so please forgive me if I deviate from any community posting practices and standards. I have been renting in Jersey City for approx. three years, and have always had an int...
C. Buzzetta
Can stupid people successfully invest in Real Estate?
I'm an older blue collar working lady. Never went to college and really bad at math. Been working in retail supermarkets since age 16. I just moved to a small town in Missouri. I'm currently unemployed, but I've b...
Elliot Tan
Rules for receiving funds for private money loans
Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
Derek Hutson
Realtor can't give me networking information?
Hello,I am currently in the process of looking for my first property, and am gathering my network of resources to use (realtor, inspector, lender, etc..)I asked my realtor for information regarding a couple home inspe...
Brett Pirie
Newbie from Denver, CO moving to Troy, NY this summer
My wife and I have owned our primary residence, a small condo in Denver's Cap Hill neighborhood, for four years. It was our first real estate purchase with the plan to hold on to it as a rental when we decide to move...
Colton Cook
What is your dream contractor like?
So, to sum up a 5 year journey in a few sentences: My wife and I are putting the finishing touches on our design-build company, and are working on the systems used to manage investor projects. What I need: qualities, ...
Kyle Curtin
So, what is a COCROI?
Cash on Cash Return on Investment (COCROI) is a very common metric that re investors use to determine the projected return on a property, and is expressed as a percentage. It is the measurement of return on the total ...
Derek T.
Need Help on Budget
Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...