Matt Swearingen
How to analyse a deal with insufficient data
Hi all, I'm sure you've all seen something like this before in the mobile home market. I'm viewing a property tomorrow that has 1 sfh and 6 mobile homes (some park owned) on 13 acres. There Are two wells and two sep...
Cole Johnson
Buying 7 town houses from a non-profit, for $60,000?!?!?!?
Hey Everyone!Im a 25 year old that has recently jumped into real estate while working a full time job. I currently own a four-plex and have pretty good knowledge on real estate.I am from a small town in the midwest of...
Pat Foy
Section 8 subsidies dilemma.
I am looking to purchase a 50 unit multi-family property that has nearly all renters on Section 8 subsidies. The seller has provided the rent rolls and previous year (2017) Income Statement. I noticed that the expense...
James Lapierre
How to tell if an owner occupy duplex is a good deal?
Hi BP community!Brand new here, been searching for my first property. I’ve been looking at duplexes (or more) to owner occupy. I was pre-approved for 350k conventional or FHA. I’ve been trying to find deals that will ...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
Cam Jimmy
Borrowing from your 401k question!
I've been aware of the strategy of using your 401k to borrow money from to buy real estate for some time now. You can borrow up to $50k and pay interest to yourself... got it...awesome. However, in my area the houses ...
Rod Govea
Pre Foreclosure - Paying off balance and acquire property
Hello BP nation, looking at county assessor's office and properties that are scheduled to be foreclosed.There is one in particular where the outstanding balance states roughly $35K. I know the property is worth much ...
Jason A.
Need help executing my first seller financed deal
Hi everyone,I would appreciate your help with this one. I am a buyer negotiating a seller financed property. We've agreed on the terms of the deal, but I'm wondering about the mechanics of executing the deal. Do I n...
Maurice Webb
Brand new to Investment Properties.
Hello Everyone,My name is Maurice and I am completely new to investment properties. I'm originally from Colorado, but am now living in Texas. South Dallas to be more specific. I have always felt like I need to be in b...
Jeremy Moore
Market Analysis data resources from a newbie in Charlotte, NC
Hi everyone, I'm a newbie investor just taking my first steps toward making this my new business. I've been a web applications developer for the last 12 years, and I'm really excited to mix my tech skills and entrepre...