How do I check the credibility of a lender? What are the requirements? What are the red flags?
Hello BPA few weeks ago, I finished reading Becoming Your Own Bank (The Infinite Banking Concept) by R. Nelson Nash. Prior to reading the book I have been pursuing my 1st multi-family apartment deal in the Orange Cou...
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Hi everyone! Just wanted to start a discussion to see what real estate niche has provided the best $/hr spent of your time as an investor. How did you find it and how are you measuring that return on your time? I'v...
Hi BP,Wanted to share a successful BRRR deal I finished recently, it was actually my first time using the BRRR strategy instead of just flipping the house and I must say I am hooked. Also, the title of this post can b...
There is a property I'm currently interested in and I'm wondering if I can get some opinions. It is on a main road in a smaller town so it is busy but not too busy. Every house on the road which is about 50 homes are ...
Hello everyone. I’m trying to put together a budget to figure out how much money I need for a $300k investment property. The goal is appreciation and equity growth rather than high cash flow.I get I’ll need $60,000 fo...
I'm a first-time homebuyer and investment property buyer, currently in the analysis phase while saving up cash for a down payment. I'm looking to purchase a multi-family property at a discount - the area that I'm look...
I would like to acquire a 4-plex a year for the next several years to build up a portfolio. I am planning on doing FHA for the first property. I am willing to move once a year to make these owner occupied financing. M...
Investment Info:
Condo fix & flip investment.
Purchase price: $160,000
Sale price: $202,000
My wife and I wanted to explore flipping a property but since we didn't have experience or a background...