Payton Gonzales
Flooring for Live-in Flip
I'm in the process of wrapping up the purchase of a home. It has a 3 bd, 1 ba on the main floor and a 1bd, 1ba in-law suite up top that I plan on living in. At the price point and what it brings in for rent, I think...
Joe Benson
Rental property investing
Just getting started in the rental game, looking at 2-4 families (owner occupied) in providence, RI and Merrimack valley area in MA. Was planning on going FHA but just learned about conventional 97. Trying to decide b...
Holly Ferguson
Help me analyze this deal
This is would be my very first transaction and I would greatly appreciate input/feedback. I have to review my numbers as far as rent and my offer but would love and appreciate any experienced feedback as to whether th...
Account Closed
How to deal with a flea infestation on rehabbed house.
I have a house that we pained, cleaned, changed the carpet, etc. The last time I was at house it looked and smelled fine. There were no fleas that I noticed. Now a week later the place is filled with fleas. The house ...
Nick Tzenevrakis
Before Buying My First Property, What Accounts Should I Have?
Hey BP community, there's a chance I'll be putting in my very first offer on a fix and flip property next week. I can fund the entire project out of my savings. My question, is there any reason I should open a separat...
Marian Jimenez
ADVICE NEEDED! REFI with cash out?
Hi,So I'm trying to make my first move into real estate investing. I'm going to be pursuing multi unit rental properties that I will "hack" by living in them for the first year. I'm having issues with how to start. He...
Adam Macy
Commercial building purchase - do you get an inspection?
I am purchasing a unique property that is a mixed-use commercial and multifamily. This is my first deal in the commercial/mixed-use space. I come from the residential investment where I always get inspections on the ...
Mark Davis
Can someone explain Reverse Mortgage Loans
Hello. I heard these mentioned and wanted to know exactly they were. Can someone please explain what a reverse mortgage loand is?
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REO pricing question
Hi, I've been looking around and I have a question on the REO's. Various websites have bank owned listings and there is an amount listed...is this the amount you would pay the bank for the REO? Or is there some 'catch...
Minna Reid
Is 65% ALWAYS the rule?
I could see 65% being a good rule of thumb, but doesn't value of the property come into play as well? If I'm looking at pricier properties (say over 175k ARV), my thought is to allow going up to 75% max acquisition + ...