Hey guys this is an excellent website. I enjoy reading and gaining valuable information on here. I have a question. I read on some posts about positive cash flow, net income, and the general 2% rule for gross incomes ...
Hello All,
In Nov 2011 I purchased a empty lot in a high end neighborhood for 175k.
I am in process of selling the lot (bidding war going on now) I have 4 offers at 260k so I will have a solid ROI on this deal. I...
Hey guys,This might be a super basic question, I'm still very new to wholesaling.I've been a Utah realtor for two years now and a beginner investor. My buddy and I have been finding wholesale deals and are in the proc...
What are the biggest risks associated with fix and flip loans, and how do you mitigate them?
So, as many of you know I have about 3-6 months before I'm ready to purchase a unit; however, I know I will be very stressed finding a place, buying the home, fixing what needs fixing and THEN I'll have to find ten...
I am in the process of buying a property. I have used a lender in the past and wanted to shop around to see who can give me the best rates. I got pre-approved by my previous lender and by another lender. My previous l...
Title says it all... this is in my personal residence but I’ve found BP to be a more credible source for answers than searching the web.
After 2 or 3 showers the water gets cool/lukewarm, not freezing and will stay t...
So, my first post here - please don't be reddit! :)I have rented the current house for almost 5 years. I've fixed pretty much everything unless it was over my skill set (replacing capacitor on A/C system, for instanc...
We are newbies to private lending. We gave an 'interest-only' promissory note to our borrower a few years ago. Now our borrower has refinanced through a mortgage company. The title company asked us for a payoff dema...
Let's face it. In this business the reviews can make you insane. Post reviews that really stand out in your memory. And PLEASE let's not get off topic. Looking foward to reading yours! (I may even add one or two that...