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Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
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Hello! I just moved into a new market and bought 3 low income doors. 1 Single Family flip in a D neighborhood that is just on the other side of an A neighborhood1 Duplex that is 15 years old in a C area that is coming...
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Hello Friends! I'm a realtor working in the twin cities and I do a lot of good business. I got into real estate to pay off my student loans without really thinking too much about investing. However, the more I work wi...
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What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...
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Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks.
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This question is not regarding an investment home but rather, my personal house. Was curious if flippers/rehabbers buy higher prices homes?
My house is in a very desirable Philly suburb - great schools, close to ...
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Its amazing that the morning of January 1st I knew nothing about real estate investing. Now after purchasing six deals with a seventh under contract I realize I have just scratched the surface and have much more to le...
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Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
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I am going to keep this as short as possible because I feel I could write a book at this point.I bought a duplex for $60k 1.5 years ago (my first and only property so far). It was ripped down to the studs and remodele...
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I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...