hello. My confusion has to do with purchase price and after repair value eg price is 100,000 and arv 125000
would that spread put the property in an unsellable position? Should the purchase offer be discounted by t...
Good Morning , Fellow BP'ers. As you know I am an wholesaler with a little bit of experience under his belt. I want to service my current cash buyers and future cash buyers better. I just want to pick your minds for a...
Hello everyone Ive been in analyzation paralyzation for the past 2 years, I finally figured out what I want to start in which is multi family rental investing. Only thing is Im not sure where to take my first step. I ...
Here's an article I wrote: Series Limited Liability Company (LLC)
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!What is a series LLC?
Historically, members had to file, manage...
Hi,
It's been ~4 months since my wife and I started our real estate journey. After scouring the MLS every day, checking out properties every weekend and 2 accepted offers that fell apart during inspection, we finally...
I know they were trying to sell this property over 10 years ago (my son is 13 now). I think a MLO is the way to go but I'm not sure. The area is a A-B neighborhood, based on a 10 cap the price seems reasonable (comes ...
Hello BP,I just got word from my tenant that her gas/light bill was $500 this month! I know it has been cold this past month but I think that is way too high. I did go by to look at a few things last month and notice...
7 bed 3 bath, 3300 sqft, 1/3 of an acre. Portland Metro AreaCurrently Value - $295,000ARV - $312,000Purchase Price - $282,000Sub2 Current Mortgage - $252,000Down Payment - $10,000Payments to Seller - $20,000 paid over...
Hello. I have an old 401k from a job I no longer work. I found this in an old thread:I have $500k from previous employer 401(k), I'm 52. I'd like to buy real estate, create cash flow via rental, pay myself, and ben...
Hi BP,I am trying to do a cash out refi on a single family property which I purchased cash and renovated. My primary source of income is capital gains income through flipping. I was told by a lender that I cannot use ...