Account Closed
5 single family in 18 months
Hi Everyone,I am a single mom who decided to just GO FOR IT. It was either now or never and I chose NOW. In less then 2 years, my rental profolio consist of 5 rental properties, all with positive cash flow.I bought a ...
Ben Roberts
Good deal in Memphis? or too risky?
I was approached by a friend with a house to sell in Cordova, TN, just outside of Memphis. He owes $118K on the house, its a rental and his tenants just renewed their lease for $1,400/mo, and the property is being pr...
Ryan McManaman
New Investor
Hello my name is Ryan and I've recently moved to the Tampa, FL area with my wife and we travel to Pensacola often. I am good at finding off market deals with distressed owners. I have no problem finding properties and...
Stefano Gasperini
Investor and Agent Relationship
Good afternoon deal-makers!I hope all of you are having a phenomenal day. I am starting out with REI, so I've spent most of my time reading and learning. I have been analyzing Delray Beach, FL for the last couple of w...
Ivan Correa
AN UPDATE ON MY JOURNEY AND LOOKING FOR ADVICE
I havent been on in a while, I've been working hard at lining up the right things and the right partners. I've yet to do my first deal but its for many reasons that are not part of fear. One main reason I traveled a l...
Luis Valdez
Questions on pulling out a 401k early
What would be the better option when purchasing a first home, cashing out early your 401K, using that money as a lump sump down payment and facing the tax penalties, or making a smaller down payment and facing highe...
Sam Gould
How do you finance a deal with a down payment and no income?
Hello, bp members. I'm new here my name is Sam and I'm 23. I have a problem to solve. I have a down payment and a fund to live on for a bit set aside, however I have no current income. I would like to buy a small mult...
Mackal Smith
Taking Care of Student Loans
Hey everyone,I haven't provided an update since my last post in November. At that time I asked everyone's opinion on using rental properties to help offset my daughter's student loans. Well, I'm 5 months in and I figu...
Greg Gaudet
Need 90-100% LTV for incredible cash flowing Maui triplex
Dear fellow BP'ers, please help! Here's my situation: I have a good job and a six figure w-2 income, as well as an 800 credit score. I have 20k in liquid cash funds and probably about double if I sold my investments. ...
Ben H.
Increased Valuation Strategy
Hello All
I am in Dallas suburb area in Collin County. I am experiencing an issue where my properties values are increasing much faster than the market rent can keep up with. The rise in valuations has increased my t...