Eric Skiba
FHA Cashout refi...good idea?
Hi All,i bought my first rental property in June of 2017. its a 2 family home, bought for 165k. Due to it being my first experience i thought FHA was the best way to go, due to the low down payment option. However, no...
Calvin Ozanick
Financing My First Deal- Wisconsin
Hello BP World,I am a property manager in Southern Wisconsin and I work with numerous investors. I am curious about some creative financing some of you may have used in the past. I understand typical means of financin...
Gregory Taylor
Is this a good deal?
Good afternoon I got a property that ARV. 115000. Currently tenants renting it for 980 month and has been there 7 years. 3 bedrooms and 1 bath with detached garage. Owners wants 55000 for it. What price would make me ...
Angela Standlee
Need Help in the Santa Clarita Valley!
I am new here and currently selling my home and we start a 45 day escrow today. I have not been in the home for 2-5 years and I am really worried about the capital gains tax. I also do not want to pump my money into a...
Joe Detore
Lending options for purchasing out of state
I am currently looking to relocate from SC to FL. I am currently employed full-time in SC. If I wanted to use my employment in SC as means to qualify for a mortgage while at the same time purchase a home in FL as my p...
Tony Drake
Looking to purchase my first deal
Hey guys just starting out in my real estate investing. I live in Arizona and looking at a property in Iowa. It is a 4 plex with all separate utilities minus water. The link of the property calculator is here. Jus...
Genail Anderson
4-plex in San Diego with Foreclosure Pending
I have a lead on a 4-plex in San Diego that is scheduled to be foreclosed in about a month. The property is worth around $900k per comps but $1.1M is owed on the loan. The loan is assumable. All units are 2 bd/2ba....
Barrett Boone
duplex analysis - deal/ no deal?
Hey BP I'm just getting my feet wet and I have found a property that I would like to make an offer on but would like to run it past the BP community.I'm trying to determine if the deal i'm looking at is any good, and ...
Jorge J.
State of the Real Estate Market Today?
Hello all,I am currently thinking about investing for the first time in Real Estate. However, it will not be for me to live in, but instead, it will be a Vacation home / Rental.Wondering what the current state of the ...
Evan Major
Approaching a bank for funding
A local investor whom i've gotten to know over the years is looking to unload his properties, 4 properties 16 total units. Cap rate he's looking for is low (5-6%) I'm hoping to talk him up to 8%. My question is I'm c...