I have a lead on what seems to be a deal. I’d like to solve the current owners’ problem and hopefully create an opportunity for myself.Property:
Location: Tulsa, OklahomaType: Single familyBuilt: 1999Size: 2,675 SFLa...
Hi all,Okay, so I'm cracking up that I'm in this state of "oh crap what the heck do I do now?!"A couple of weekends ago we went out and drove a few neighborhoods, took down a few property addresses (I guess it was abo...
There is a guy staying in one of my places. 1 or 2 times a month he randomly comes by my place to drink some beer/whiskey and have conversation. If I have some maintenance work to do at a rental, I'll tell him about...
Hello BP, do lenders look at and/or consider rental property income when applying for a loan? In other words, let's say I make 60K from my W-2 job and 5K from rental income annually. Do lenders even consider the 5K as...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $70,000
Cash invested: $20,000
This was my first investment property which I acquired via several strategies....
Hi BPI have a payoff rental property that worth $230K I would like to start BRRR. I have 2 choices 1. get a HELOC on my rental property and start the BRRR2.get CASH OUT refi on my rental and start the BRRRRI believe b...
I own a real estate flipping business, so all of my profits are taxed as ordinary income (and at a high rate). I thought it could be beneficial if I bought a mixed use property and rented the commercial space to my f...
Investment Info:
Single-family residence buy & hold investment in Portsmouth, VA. First BRRRR, first out of state purchase, first purchase in my LLC.
Purchase price: $120,000
Appraised: $172,000
What made you...
I’m trying to replace my W-2 income with real estate. I currently own several smaller rentals and now I have a deal that may help me reach my goal, but it’s not what I had in mind when I started out. It is a mix of ...
I'm a single-family or duplex type investor. I'm interested in expanding faster but I have no interest in larger multi-family buildings. I like the economies of scale but not the actual large buildings and their uni...