Dan Verdick
Twin Home first time investor looki fongr opinions
Hello,
I am new to investing in real estate. We are considering purchasing a slab Twin Home in our town. It has been held by the original builder/owner since 1986. The home is currently rented and he is jus...
Jason McDougall
Flip was broken into, more lessons learned
Good morning BP,I went to my flip project this morning to find one of the front windows shattered. When I went inside the house, I found the brick that they used to break it, and also noticed that the back door was op...
Trevar James
Cash Out Refi or Hold the current Loan?
Hello community, I'm looking for a little advice. I just moved in tenants at my first rental prop. Its generating about $500 cashflow after mortgage, mat, and vacancy. I purchased the house as a foreclosure so after a...
Kevonna Ahmad
Tips for Multi-Family Diligence
Hey Everyone,
I'm in the process of purchasing my first multi-family property (4-plex). For those of you with experience in multi-family investing, what questions should I be asking sellers as I evaluate potential d...
Jacek Nowakowski
Transactional funding underwriting
Hello,
I'm a private lender and I've been approached recently about providing transactional funding for a wholesale deal. I've never done one of these transactions before but have researched them online. I was wonder...
Greg Lovern
Due on Sale Foreclosure
Hi all, I'm new at this, trying to get started with pre-foreclosure flipping.Suppose someone is facing foreclosure, and I have enough cash to reinstate their loan. But not enough to pay off their loan. We come to an a...
Chris Piper
Land Trusts basics and why you should be using them now
Land Trusts are the absolute best way for almost every real estate investor to take title to a property. They provide protection, privacy, and easy of purchase and sale. When you put a property into a Land...
Account Closed
Should I Buy or Walk?
Hello BP Members,
I am considering purchasing a foreclosed Fanne Mae (HomePath) home with a lot of upsides and down sides. I am in desperate need for some advice because I am not very experienced with the ev...
Chad Lubke
Privat Money
Looking for advice on aquiring private money. We have a solid consturction background and on our most recent deal purchased a property for $25k, spent $28k on rehab (40 days to complete), and have a deal in place for...
Account Closed
Question on multi unit financing.
Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qu...