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Hello BP,I am new to the real estate investing and would like to create some fortune by rental out my property as side income. Currently I am living in a condo which I've already paid mortgage for around 1 ½ year. I a...
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I have a property under contract in Great Falls, MT that recently had a fire break out and was a complete loss. Every one is fine and no one was hurt during the blaze. I am still within the property inspection period,...
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Hi,As the title says, I am wondering whether I should form a LLC company to protect my investment or use Umbrella Insurance. Here is my situation: we have W-2 work as our main income source and 1 primary home and 5 in...
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Hey all,I just got my first offer accepted on a 2003 duplex in Lehigh Acres, FL, and I couldn't be more excited! Unfortunately, the roof hasn't been replaced since, so insurance companies either 1) don't want to insur...
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So I own a rental property that is under my name (deed, mortgage, and insurance). I would like to deed the property to an LLC that I will create. After discussing with a few experts (my CPA, my mortgage rep, and an at...
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If I get a property under a land contract say for $100k and the monthly payment is $700, will the $700 payment pay down the $100k?
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Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $335,000
Cash invested: $80,000
Contributors:
Joel Wilmoth
Closed on a portfolio of...
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I want to buy at 70% of ARV with hard money and wholesale it.
REO Property
ARV is $107,000
Purchase Price is $65,000
$15,000 in repairs
ARV - re...
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Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
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We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough t...