John Ibbits
First investment property
I want to preface this by saying that I already own a small commercial building for my business and my personal home, so I understand what owning a property and required maintenance can look like. But I’ve never had a...
Shawn Gardner
How to deal with non performing GC’s and subs?
What’s up guys? So, I decided to use a GC for my second project and it has been a struggle. I would like to know how you guys deal with non performing GC’s? We’re currently 4 weeks behind schedule because of the elect...
Asher Anthes
What's my best option for mortgage under $50,000
I'm closing in a few weeks on an investment property for $40,000 cash. I'll repair it and get a tenant in (should rent for $900 a month) and the ARV is $65-$70k
I want to pull the cash out as soon as I can...
Michelle Mayer
Primary Residence Vs. Investment Rental and Capital Gains
Good Morning BP!My name is Michelle and I am looking to buy my first property within the next year or so. I currently live in Brooklyn and I was originally planning on using the FHA loan to get a duplex, live in it fo...
Robin Rinaldi
Best Markets in PA/NJ/NY for 1st MultiFamily Cash Flow Purchase?
Hello everyone, I'm brand new here. I currently live in Manhattan, travel between NY and eastern PA weekly to see family, and am looking to buy my first multifamily property. If I had to choose, I'm more interested in...
Brandon B.
Investing in San Diego
Hey BP community.
I am a 1031 exchange accommodator in San Diego and get to see quite a few of the transactions in San Diego county and am involved in a fair amount.
As I give advice to clients, I always want to m...
Gregg Fritz
5 days to close and buyers financing fell through
We were moving merrily along the process... i got my final loan approval on our new home. My entire 4500sq ft house is packed up in boxes in the garage, movers are scheduled, hotel arrangements made, mailing address ...
Edita D.
Areas of active soil in Texas
Hey guys!
We are considering to purchase a property in Texas, and seller's disclosure revealed a foundation repair. It was also stating that the structure was situated in an "AREA OF ACTIVE SOILS". My 1st thought is t...
Account Closed
Do I understand the flipping process correctly?
Hello all!I've been scouring the forums recently and I would like to get started in investment with a 'fix and flip' strategy. That way I can build equity to do SFR buy and holds later on. The first step I would take ...
NA NA
Classes of areas
There are lots of discussion about having properties in different class area with different quality of tenantsHow to determine which class does a area belong to or the definitions are more subjective to investor?