Micah Parsons
Land Contract vs Cash Purchase
I am in negotiations to purchase a rental, it was originally advertised as a land contract. The land contract was $500 down $375 a month for 10 yrs for a total of $45,500 which is close to the current ARV. This proper...
Oleg Shalumov
Analyses for my first Buy&Hold
Hello BP members,I found a following deal and wondering if it make sense to have it as my first Buy&Hold.It is 2bds, 1bath apartment with the following numbers:Price $180KMortgage after 20% down with 4.5%: $811 mo...
Ron Smith
Additional rental property acquisition/financing
Good afternoon,
My name is Ron and I live in Memphis, TN. I am a relatively new real estate investor who is looking to gradually build my portfolio by investing in good appreciating zip codes in the Memphis area. My...
Jae Cunningham
What to do next, any advice?
I just purchased my first home using my VA loan option. I plan on living in this home for a year before refinancing it and purchasing another home.
I also have a mobile home for rent (that belonged to my fiancé at t...
Jereme Olive
A investor who needs help
Hello BP family, I recently came into contact with a potential seller through "cold-calling" who is actual an investor. Great start right? Not exactly. When we had our initial conversion with thought we had a motivat...
Anastasio J Burak
Option Period Questions
Hello!My name is Anastasio Burak I am a first time investor looking to buy a multifamily in Houston to house hack. I have found a property that I am interested in but I need some advice. The property has a completely ...
Luke Calhoun
Selling partials with wrap
Howdy,I do owner finance and am dipping my toe in selling off partials, simply to grow the business. My question is, how are investors floating their wrap payment after selling off a partial note? I assumed that most ...
Alex Lambert
What route should I go?
IN NEED OF GUIDANCE!!I recently put a 2 Bed 1 bath half-duplex that's in a prime location under contract for $8,000(Pre-Foreclosure). It will need about $40,000 in repairs and the ARV is around $200,000. I am indecisi...
Stephen Moore
Sell or Rent in flood plane
We own a property that is in a flood plane and difficult to sell, to date.... better to rent? Total rehab and sound contracting and trades... like to get the money out and move on rather than rent and wait on my ROI....
Heather Shannon
Best Way to Finance a Chicago Single-Family B & B investment?
Hey All,I'm eyeing a property in a nice neighborhood in Chicago that is listed as a single family. I think I can get it for $650k and would estimate putting about $150K into it to make it truly shine as an AirBnB (I'...