So I'm getting ready to make an offer on a REO. Listed at $65k. It needs about $10k in repairs, ARV is $100k. I am looking at a rehab/mortgage combo at around 5% and 20% down.
Will rent for $1000-$1100
P&I - $3...
EDIT: 2/24/16 We now have a working BP Android App and have had one for the past few months - Get your copy today.
I've gotten a lot of grief from many users over our not building our mobile app in Android yet and w...
I have my first two homes rehabbed and marketed for rent. My first has two separate families interested. Trying to decide; probably a no-brainer but I am asking for advice.
1) Family one - Mother with two kids, mov...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
So I'm in the planning stages of a full rehab in Portland, OR. I'd like to describe the agreement that I came up with for what I believe is an equitable split for the proceeds and see what some more experienced rehab...
Hey BP i just have a quick question I am about 6,700 in CC debt I also made a mistake and took out an installment loan with upgrade for 4,000 monthly payment is about 178.00 for about 18 more months left on payments. ...
Hi all, to start I'll start to say that I'm new here, and very new to real estate in general. So go figure I have an issue with my first tenant, in my first rental property ever. I'm in Okaloosa county Florida. Here...
We have a NPL on a SFR property in Illinois with a foreclosure sale date next month. Borrowers finally came to the table for a loan mod earlier this month (they have been disputing the debt for a few years). They subm...
In July 2019 my tenant requested to be allowed a dog in my condo. The condo board denied the request as did I. Now on 10/29/19 I have received notice from condo board of several complaints about the dog my tenant has ...
What happened to the basic understanding of supply and demand? I didn’t grow up in a financially savvy household, but even as a kid I remember having a distinct awareness and understanding of supply and demand and it...