Hey everyone, I just recently decided on growing my knowledge on real estate and starting to use my money for investing in real estate as a vehicle for passive income and financial growth. My GF and I almost closed on...
Hi, I was "shopping" for rates because someone advised me that is the way to go. Now I'm realizing it doesn't make sense. I don't get locked into any rate so the rate I shopped 2 weeks ago is not the rate I would get ...
My wife and I applied for a 200k heloc loan at a local credit union. Our house(new townhome 2021) on redfin was valued at 1.08M when I applied and the outstanding mortgage was about 682k. With this valuation I was sur...
I wanted to get some feedback. I've been doing flips and buying rentals for three years now. I currently have 7 rentals and am closing the sale of my 5th flip. I feel like I've got my flips dialed in but I haven't ...
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
I wanted to reach out to the BP community and lean on you for advice and to learn. I have a client (I'm a licensed RE agent) who's home I am selling. I was just approached from a neighbor who is interested purchasing ...
Ok, here we go. I need to separate emotion from business.I have recently started becoming serious about investing into buy and hold properties. I have purchased 2 properties so far in 2018. I have a third property ...
I recently built an in law unit of 911 sq ft and spent around 312 per sq ft to build this. The soft cost is around 15%. I paid the contractor around 270 per sq ft. Recently I was talking to a Chinese colleague and he ...
Being new to the REI world, I've been searching solely for existing multifamily properties. But with new multifamilies properties being constructed like crazy in my area (Ohio), I cant help but wonder; why? Traditiona...
Hello,I am new to RE and am looking to perhaps purchase my first property. However, I am a bit confused in where I should go to get a pre-approval? Should I start with Banks ( Such as Chase, Bank of America etc..), sh...