Victor So
House Hacking - treat your roommate like a tenant?
Hello BP!
My fiancée and I just closed on a 2 bed/ 1.5 bath condo on the north side of Chicago, right next to Loyola University, and it is currently in process of being rehabbed. It should be fully renovated in a co...
Jeffery McBride
Conventional Mortgage versus Bridge Loan on first rental property
I'm looking to purchase my first rental property through Memphis Invest and I've been working with their mortgage lender to get pre-approved. I found out that I can't qualify for a conventional mortgage due to a fore...
Ben Clark
Determining ARV, Due Diligence, & Building a Team
I've done valuation analysis and due diligence on businesses before. The only real estate I've purchased to date has been for my primary residence.I am looking at an 8 unit multi family which is about 6500 sq feet...
N/A N/A
Hey everybody, great site, question about flipping
Hi there, I'm glad I've decided to make a go of it in REI. For years I searched for the big deal - an Internet startup. Truth is, that may never happen. In reality I don't want to work 18 hours a day, 7 days a week as...
Samuel Turner
Texas BRRRR to LLC or not?
Hello all,I'm a newbie at the rent/refinance stage of my first BRRRR in Corpus Christi, Texas, and I'm wondering what my best course of action is for the property. The house was bought with cash from a private lender,...
Alicia Yoder
BRRRR’ing Commercial Properties
So I grew up with a contractor as a father that built design metal buildings. He was and still is one of the only folks around that builds commercial spec buildings. This last one he did, I sold for him (I am a licens...
Nicholas Varner
Top 5 Reasons to Buy Real Estate Not Named Cash Flow
1. Reduce Taxable Income. Many real estate investors have W2 employment or 1099 employment. Either way, there is tax liability for these investors. How much individuals pay in taxes does not depend solely on what your...
Patrick M.
Critique This Deal In A College Town
Hi there- I'm in a college market and have the following property in my sights:
Property: 4 br / 4 ba unit, 1250 sq ft, in MF complex with individual lock-able bed/bath suites
Rent: Currently $1650
...
Brian G.
Joint Real Estate Partnership with Best Friend // Need Help with Legal Advice, Deal Contingenies, etc
Coming here to get additional thoughts and advice and not basing my decision solely on this thread.Opportunity: One of my very close and trusted friends has theopportunity through his family to build brand new houses ...
Kevin Phu
Need Family Loan Advice
I have a family member who is a pretty successful business owner and I know he has money just sitting in a bank. I want to ask him to loan me some money so that I can get into real estate deals. How should I go about ...