Kevin LIVINGSTON
Two friends rented. Now one wants out any ideas
We rented a SFH to two girls who split the rent. One has two kids the other is single. They have been living there for 2 months and have made separate payments each for there 1/2. I got an email saying the one single ...
Wislem Leger
Wholesaling in MIAMI, is this a deal?
Hey everyone, I Have a property under contract and I plan to wholesale it, the property ARV is around 365 to 370 the repairs are about 25K+/-. I got the property for 245k. The property Is in Hialeah Miami and I feel l...
Lukas Vanagaitis
Flipping a house in a 100-year floodplain
Hey everyone,Is there anyone flipping flooded houses in Houston?We are about to close on a deal in a 100-year floodplain. First time flood, got about 3-4 ft of water. Purchase Price - $130k, Repairs $30k, ARV - $235k....
Account Closed
How do you finance the 'big' one?
Currently living in my first house- a duplex where my tenant is paying about 80% of my mortgage. I'm already working on putting in a small efficiency apartment above the garage (which I plan on moving into when it's d...
Kenny Simpson
Residential lending standards 80% better than 2008?
Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
Nina Shell
Property Management for STR
I am in contract on my first acquisition of a short term rental, a single family home under 10 minutes from the beautiful beaches of Anna Maria Island on The Gulf. I am in the process of trying to select a good proper...
Chris Gallick
How to get passed DTI
I've listened to a number of BP Rookie ('regular') podcast episodes about how people with low income have been able to acquire properties. Many podcast guests state that they use conventional financing to purchase th...
Al Bunch
Hypothetical question on rental property
If I pick up a property using hard money and budget $20k for repairs - $8k of which are for the roof and flooring, how would you proceed:
Roll everything into the repair budget and get it done under the hml before yo...
Matthew G.
No deed...how to get title?
I'm working on a deal where the owners cannot find a deed, which includes their (subpar) lawyer. The property has been owned by the sellers parents and grandparents over the years, getting transferred to the heirs ...
Briana Smith
Airbnb Enemy method (calendar availability)
Hey guys! I am trying to utilize the enemy method by finding properties on Zillow for sale that I like and are in my budget and then looking at the same area on airbnb and trying to compare prices and amenities to pla...