Hi!I've been on this journey for about 6 years saving for my first investment property as a small business owner. I just bought a 1200SF fixer in East Oakland. House is currently a 3/1 and I plan to convert the house ...
Looking into my first potential flip in ny. I'm new and want to make sure I don't offer too high a price. Here's the financials:Selling price: 280,000ARV= 380,000Rehab costs= 40,000Offer would be all cash. What's ...
Brandon Turner asked a question about what "problem properties" would you never want to buy, here.Yet many of us HAVE bought what turned out to be problem properties. I bought a duplex in a D neighborhood that cash f...
Hello All,I purchased my first rental property last June. Taxes are due twice a year here, and I just found out that the taxes were not paid on this property that were due in April 14. This was before I closed on the ...
Is there an industry standard for serving a notice on a "non-monetary default" in a hard money loan? A private hard money lender and I have agreed to business terms on a loan, and our attorneys are on opposite sides w...
I am considering the use of a home equity line of credit in the future.I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. I do intend to leverage the equit...
Ok I have been reading a lot about investing. What I want to do is become a land lord and buy property for rental. The only thing is I do not have much money and my fisco credit score is not great. Should I just take ...
I will summarize my experience of my 1st financing deal here! if you are interested in the detail, you can visit this postThis deal was meant to be a quick flip, and guess what.. it didn't work out for various reason ...
Hi BPers. I need some advice. I bought a foreclosure and just got the tenant out today. Out of the blue I got a visit from someone who happened to see an expired listing (pre-auction) and asked if it was for sale. Whe...
I'm new to real estate investing and am currently looking at some smaller multi family homes in the Fort Myers area. My question is, is the market too high right now? I noticed some places are selling almost twice as ...