Greg Gaudet
Need 90-100% LTV for incredible cash flowing Maui triplex
Dear fellow BP'ers, please help! Here's my situation: I have a good job and a six figure w-2 income, as well as an 800 credit score. I have 20k in liquid cash funds and probably about double if I sold my investments. ...
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Ever bought a condo hotel?
I am wondering if anyone out there has invested in condo hotels. I would like to know if the income supports the high asking price by the developer. Due to SEC rules, the hotel management company does not provide an...
Jacob Patterson
Need advice quick!! i'm fixing to move should i lease my property?
I bought a personal home a little over a year ago and planned on living in it for 5-7 years before i sold it or rented it out. But my wife and I are possible fixing to move to Houston because she just got a job pro...
Danny Day
Mobile home strategy.. Can someone please verify / give opnion
I've been looking at the mobile home RE strategy. From what I've read on here the best play is to buy low ($2-3k per mobile home), rent ready rehab and sell to make $2-3k margin.
You then lease the lot the mobile ho...
Account Closed
HUD and Lead Paint
A HUD house I'm looking at has a 20-page lead paint inspection attached to it. Basically, the whole house is peeling, and the lead paint needs to be remediated inside and out.
I imagine a scraping/light power washing...
Navdeep Raj
250K Investment in to-be hot pocket in North Austin
I’m in contract for a 3B-2B house in 78729. Its built 1985, 1150sqft (1550sqft including a converted garage to a large 2nd living area) and is a corner lot. So far my research says Austin is not a good place for inves...
Mikey Maher
What common pitfalls are overlooked by 1st time investors?
Hey everybody!This is my first post here on BP. I've been listening to the podcast for about a month now and have given myself 6 months to close on my first property. I am 23 years old, and would love to learn from al...
James Monaghan
Average Profit Per Unit- $100 per month?
Is there such a thing as average profit per unit for Multi Family? I see some variations, however the median range seems to be around $100 per unit per month.
Mike Chu
Inland Empire good or bad for investing?
Hello there,For those who have invested in the IE area, is it a good area to invest in? based on your experiences. I'm new to real estate investing. I'm looking to do BRRRR or rental properties (single home family) to...
Michael Quigley
Multi-Unit
I am looking at Multi-Units (3+) that will give me a possible profit that I can live in and rent two. I am from Boston, MA and want take advantage of a 3.5% FHA loan. I found a unit that has a 1BR on the first floor (...