Zachary Pichette
Turning current primary into investment & Purshing a new primary
Hi Everyone,I have a few questions regarding the purchase of a primary. Let me start out by laying out my current situation.In April of 2017 I purchase my first primary residence in the metro Detroit area. I have been...
Gilbert Ross Jr
REHAB BUDGET
This is a question for anyone who has completed a flip in the last twelve months. What is your typical or average cost for renovations on a total rehab? What is the average for a medium rehab? Thank you in advance for...
Matthew Kenny
Flip to Rental: Conventional Loan and HELOC
I've found a house (my first investment prospect) that I could flip with good margin. The lenders I've talked to said 6 mo or less wouldn't get me a traditional loan and I'd likely have to go with a rehab loan. Is tha...
Account Closed
LLC or sole proprietor?
Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...
Craig Morris
Tell me about DSCR loan
Hello! Im curious if anyone has used a DSCR loan, where can i get it, whats your thoughts about this, would you recommend this????
Bryce Kennebeck
FHA, How big should I go?
So the plan is to Buy a property with up to 4 units with an FHA loan, while also acting as my own agent. The question is since FHA requires little money down, does it make sense to find one of the most expensive prope...
Michael Martina
House Hacking in Boston
Hello recent college graduate considering purchasing a Duplex in the Boston area. Quincy to be more specific (I work in Dorchester). Im currently renting a one bedroom apartment for $1400 and the way the cost of livin...
Felisha McCurry
Continue Flipping or switch to Brrrr?
Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
Ethan Li
New Investors advice: Dallas/ Rochester/ Houston ?
Hello BP community! I'm a new investor based in the San Francisco Bay Area. I'm planning to buy and hold 2-3 out-of-state properties next year for long term investment and would appreciate some professional advice. Cu...
Chris Torbert
Partnership Help
Hi all,My father and I have located a couple of properties that we would like to purchase together. I need him for additional capital, and since I'm investing with my Roth IRA LLC, I need him to personally guarantee ...