Nick Johnson
Mortgage Options for 620 FICO on 75% LTV purchase 8-12 properties
I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
Tammy Wiggins
Analyzing Deals: Numbers Don't Work Yet MF Units are Selling???
I'm new and need some advice. I'm analyzing properties like crazy. I base it on always having a loan at 4% for 30 years. I'm looking in the St. Louis market near a unit I already own. I am a realtor so I am checki...
Josh Feldman
First Out Of State BRRRR (During PANDEMIC!)
Investment Info:
Single-family residence buy & hold investment in Shelbyville.
Purchase price: $28,000
Cash invested: $72,000
Contributors:
Kwon Do Lee
Successfully built and mana...
Julie Marquez
HELP! I work construction project mgmt but am scared to flip!
I have a degree in construction management, and my full time job is working as a project engineer for a large general contractor in Seattle. I have been involved with real estate my entire life (thanks mom and dad), c...
Account Closed
What discount from Market Value will attract Landlord buyers?
I have a residential property that I am flipping in Fort Myers FL 33971 area. It has double digit appreciation and is located in a popular community that has rents that have nearly doubled within the last year or so.....
Steve Smith
Help me learn from this experience...
I'm reflecting back on a situation that happened over the last several days and trying to ensure that I properly identify the lessons learned. I'll lay out the scenario below, and I'm hoping you all can provide some ...
Kellen Driscoll
Is this mobile home park deal a good deal?
Hey BP,I have a deal under contract in Florida and I am considering the due diligence that I have found so far. The park is on well and septic systems. 1 well and 7 septic systems which have new components as of 2014....
Ross Melby
Should I sell and move on? Help or send SOS :)
Ok BP followers, here's my dilemma... I own 1 duplex in a prime neighborhood that is appraised around $450,000. I financed well at 3.75 no MI so my payment is $2075 with a balance of $310,000 remaining on the loan. I ...
Kurt Defenbaugh
Structuring SFH Entities to Minimize Liability
I’m currently setting up legal entity structures for my existing SFH rental currently in the remodel stage of BRRRR method. I’m getting varying opinions from both CPAs and attorneys.
If I refinance within an LLC (sh...
Khang Pham
First Deal Fell Thru!!
Hi BPers!I want to express the amount of gratitude I have for the BP community that had showed me so much in the last 4 months. I've learned so much and try to put little by little the things I've learned into action...