Jeff Warner
Wrap mortgage / subject to / Owner finance
Hey guys, Here's a deal that I'm looking at and need some advice on how best to proceed...SFH $149K, comps show $170kSeller is willing to take $65k (his equity) and have me assume the mortgage (84k, $650 / mo). He cal...
Kenny Berrios
What are your thoughts on a recession?
Everyone has a different opinion on where we are in the market cycle. What is yours? Do you have a guess on when they next recession will hit and why?
Account Closed
[Calc Review] Help analyzing this deal
Hey guys, I have been playing with some numbers on some local properties around where I live and my ideal market. Here is one fourplex that I think makes a lot of sense. Is there anything I am missing? It seems like a...
Jackie Lambert
Brand new to REI but wants to learn!
Hey there…
Gifting my very bright nephew a REI book for his birthday. He is 22 and way ahead of where most are/were at his age. My question… which book would be best for someone starting out, eager to learn this busi...
Adam Wayne
How To Invest With A Partner On A 203k Loan?
Hey there,I'm new to real estate investing, but I've been around it in various capacities throughout my life. I have many years of experience in residential construction and I am currently working for a medium-sized b...
Ben Lovro
Lessons from a Failed Hedge Fund on Real Estate Risk
Introduction
Investing in real estate is kind of like playing a board game.It's all about making moves and decisions, hoping they'll pay off in a big way.But, similar to board games, there are risks in real estate.Th...
Donald Aleshire
Chicago House Hack Case Study + Advice Needed
Hey BP community,Wanted to share my current House Hack situation plus gain input from the community on thoughts on how you would proceed given the situation below --
Background:
Purchased a legal 2 Flat with 3 uni...
Waylon Smith
STR Cash Flow Analysis First Time - What do you think?
Hey everyone. My wife and I are ready to invest in our first STR. I know BP has rental calculators and I will likely use them in the future. However I wanted to do this manually so I can learn it myself first. I would...
Deron Jewett
FHA 203b House Hacking Qualification with Existing Mortgage on Another Property
I am the remainderman on a Florida "Ladybird Deed" (Enhanced Life
Estate) on my parents home. I do not currently own a home. The mortgage
is assumable upon their demise (and at a rate lower than those currently
...
Alan Asriants
Today's Market is not like 2008 - What is everyone seeing/thinking?
Not Comparing Today's Real Estate Market to 2008
The market crash in 2008 is not the same as what is happening today. It's crucial to understand the differences to make informed decisions.
The recession and economic...