I am wanting to do a house hack. The properties in this area (MLS) go for the mid 300k level. I switched jobs last year. I get paid decent, but some of it is tipped income. VA/FHA sees my income as minimum wage becaus...
This is John Akhlaghi and I am going into my second year of college for accounting in Jacksonville, Florida. I am 19 years old and I am trying to partner with the dad is in purchasing a 3 bed to bath condo for student...
I did my first deal last year. I bought a rooming house. 13 bed 7 baths. It's a lot of work and randomly there are late-night calls but I cash flow around $4000 a month. It's an old house with its share of problems. H...
Remember to ask your lenders for help
I've been developing a working relationship with several Banks over my investing career and it’s important to develop multiple relationships.
When you owe a ...
Hi All!First off thank you in advance for all your help! BP has been a gold mine for me as a first time buyer to get on the path to wealth! I plan to begin my investing career next year and have several different opti...
Grateful for all the help!- Once i find a seller willing to finance me, who gets the contracts ready, how does that work, and will i have to use money out of pocket to close the deal? I am looking to get into the deal...
I have a project that has been budgeted in cash from the beginning we will be going over our reserved cash to finish the project. Is it worth it to bring in a partner or hard money partway through a remodel project ju...
Would you do this deal? Why or why not?Duplex (2 units), 3BR/2BR each Unit.I am looking to live in one of the units, the other unit is already occupied by tenant @ $800 month.Purchase Price: $138,000Loan amount: $124,...
I am about to close on my first 2 duplexes this month. In my analysis I budget for vacancy and capital expenses (which I believe most of you are doing) and it comes to about $10k annually for each property.My question...
Hi BP,
My husband and I have one investment property (tenant in place) that we acquired via FHA and we have gained a little equity from it and we are trying to grow our portfolio and dive deeper into the real estate ...