Jamie Gruber
Analysis on a 4-plex - First Potential Deal - would love feedback
Hello all - I wanted to get some input on this potential deal, which would be my first. I know some will see the numbers and be tempted to respond, but please read my thoughts before you do. Some points about me and ...
Andrew Horan
Should I use all my savings to pay off my house?
I was wondering, Since the market is so hot in My area, should I use my savings and pay off my house completely. I have a land contract from a private lender and I’m not sure the best way to grow from here. Any help w...
Drew Zervos
Despite the Uncertain a Deal is a Deal...Right?
Hi Everyone!
My wife and I were ready to finally take action in a real estate investing career this year and then the virus struck. We are currently in negotiations with a seller on a newly renovated multifamily whe...
Greg Mayer
pet fee vs pet deposit - or both?
Hi BP community!My wife and I are purchasing a duplex in Atlanta. One side of the duplex has tenants that might stay after we close, the other side is vacant. We're moving into the vacant side and have two dogs, so we...
Joshua Pagan
Do I risk my savings for an owner financed duplex?
Here’s the underlying question. Do I spend my living expenses to pay for this opportunity?I’m on the fence with this for several reasons and since this would be my first investment property I’m trying to get as much f...
Account Closed
Duplex looks like a steal, Am I missing something? First property
Hello, This is my introduction post as well as my first Deal I'm thinking about buying. Basicly me and my wife are looking to househack using FHA and start generating cash flow to begin our real estate investing. I'...
Mike Terry
Construction Rising Lumber Costs
At the beginning of this year my partner and we’re considering building new houses due to the short supply of distressed properties in our market. Since then lumber prices alone are adding $24,000 to the cost of a typ...
Brandon E
Cash Out Refi for rental?
Lately I've been contemplating a cash out refi on my primary residence (because of the 5% rates); I was reading some old forum posts on refinancing and thought about this:
Why would someone cash out refinance in or...
Dustin Beam
Skipping last month's rent
Is this a common occurance in your experience? I know it happens, going through my first time now.Of course I traded some texts, and said I'd prefer to not go the legal route, but she wasn't going to pay so now we are...
David Napier
Financing First Rental Investment
I'm trying to decide the best way to finance our first real estate investment. Looking to buy a SFH in the $250,000-$300,000 range. We have excellent credit, $30,000 in cash and our currant home has about $400,000 in ...