Hey guys and gals. I am pretty new to wholesaling and have come across a distressed owner who is under a reverse mortgage.. I have never heard or dealt with something like this until now. this owner wants to get out o...
I'm trying to buy a single family rental house in an area with 5 private colleges - lots of demand for student housing. Students will typically pay $450 to $500 monthly, per room - 12 month lease - parents actually si...
Is it the same as flipping homes to an investor who will then sell that same property to someone else at retail price? We use the wholesale formula to get our offer price to the seller. Then we flip property over to e...
Can BP experts educate me on PPI policy ?How does this work ? Who does this protect ?How the premium is calculated ?I am trying to work with private lender and he needs me to buy PPI policy, before funding.Is this nor...
Hello,I am not a foreigner, but I think my question is relevant to this thread. I am looking to invest in properties with Rent to Price Ratios >2%, but this is very hard to come by in Houston unless you purchase in...
Hello BP!My first deal ever was 10 years ago. I bought and fixed, sold to my parents and they owner financed @ 10% for 5 years. My 2nd deal was a year later as a bird dog deal. I didn't even know it had a name, but...
I have an investment condo that I am thinking about selling. Here are the numbers. I am only hesitating because the great mortgage rate and term I get. Rent: $1850/month Cost: 0% vacancy for past 5 years5% cap exp (ap...
Hello everyone,First off, I just wanted to say thanks to the BP community for helping us learn so much about real estate investing. We feel like we have all of the tools and knowledge that is needed to make our first ...
Hello,I'm looking at my first property to buy, it just went on the market last night. It is a 2 bed 1 bath manufactured home. Asking price is 39,000. Year is 1978. I ran numbers conservatively on it and it works. I ca...
From my post before, I described how I will be in and out, then finally deploying for 9 months. I am currently in Fort Drum, NY. You all had some good feedback, and this is what I finally came up with. This plan wil...