Mike Nelson
Would you rehab a house on a Lease Option??
Let's say you purchased a home that needed to be rehabbed. ARV 100k, Repairs needed 20k and you was able to get the option for 40k with monthly payments of $500 with 100% going towards the purchase price.
I'm just t...
Royce Wright Jr
Self Employed 1 year - Trouble Getting Approved/Financed
I am very new at this whole thing - so be easy but direct LOLI haven't had a W-2 in around 2-ish years. My single member LLC has been active since Feb 2020, but started actual work in Dec 2019 with a VERY small amount...
Daniel Haberkost
For anyone thinking of house hacking, read this!
Hi everyone, I wrote a blog about this on my BP blog but wanted to share it in the forums as well because I personally have run into countless people who want to house hack but are afraid to get started. This has had ...
David S.
Do I have a good or bad rental?
Having trouble determining how to assess my investment returns. My rental property is in Boston where 1% rule is hard to achieve (live-in converted to rental after moving out). Rent is 3300/mo. but after all expenses ...
Michael Guay
Group House Hack - Bad Idea?
Hi,
I'm currently in the process of looking for property to house hack in the Boston area after I graduate college in the spring. Since Boston is such a hot market and prices are much higher than other markets, I was...
Teah Schoenle
Should we rent or sell?
Hi everyone! Hoping I could get your opinion on what to do about our current situation.
My husband and I have owned our home for just over 2 years now. During that time, we've done a couple renovation projects, inclu...
Jessica Hamilton
Need advice on unique financial situation
My mother in law is getting an inheritance of 80k. We would like to use this money to start flipping houses to grow that wealth. The thing is, she has bad credit & old debt that she has yet to pay off, and she doe...
Account Closed
Single family residence lending needed in San Diego
Hi there - I'm looking to buy a SFR such as a 3 BR / 2 BA and right after convert it to a smaller SFR and ADU. I would then like to convert the garage into a second ADU and rent out both ADUs. I make $20k gross monthl...
Henry Sims
Private Money loan
Hey, BP land, I have a quick question for you all. I have a friend who sold his mobile home park so he could retire. He wants to make a little more on his money than a CD will provide. I'm looking to scale my busines...
Matthew Grabau
New Investor Looking at Multi Family Deal
I am a new investor based in Denver looking to do my first Multi-Family deal with a goal of purchasing 1-2 deals per year. I have a deal I am looking at in Denver that is Pre-Market but I am not sure if the numbers m...