I bought a Pa house on the court steps back in August. I had to evict the prior owner because they would not leave. On the day of the eviction, the previous owner’s son called me and asked if I would be willing to...
Evening BP’ers,
I’m running the numbers on a potential 12 unit (3 buildings) 2bd/1ba in Huntsville for 510k. I’m pretty new so would like to make sure I get the numbers right. I want to roughly factor in a 60% margi...
We are fairly new to the game and have only done regular wholesale deals prior to this, so I am needing some help. I have a homeowner that is in pre- pre-foreclosure (she's behind but has a stay from the court on proc...
I'm still new so bear with me, if I'm looking to net $350k from a buy and hold portfolio assuming my doors are netting $200/month does that mean I need roughly 146 doors? that seems like a large portfolio. Am I miss...
Someone has brought me a potential deal. It's a single-family home that has been renovated into 3 units. Gross rent is $2300 per month. Asking price is $150k with owner financing. Proposed deal:$15k down$135k purc...
Here is a question if a seller is willing to finance you how does this work? This would just a contract between you and the seller with no bank involved? Therefore not on your credit and debit ratio create issues if y...
! We are listing our rental duplex for sale and plan to do a 1031 Exchange into a REIT. We still have a small mortgage on the property but obviously won’t have one on the REIT so my question is this: If we wait and l...
Hello BP,I'm just getting started. I've got all sorts of BP vids lined up to enhance my knowledge on how to get the financing for continually adding new units, and may get everything I need there, but wanted to also a...
I have an opportunity to help my sister who just received a letter that her house will be going to Sherriff's Sale. We are in PA. My question is: Can the sub 2 method still be used when it has gotten that far? I will ...
We own our home in a quiet little touristy town. I'm working now on getting it put into an LLC primarily for asset protection since we are renting out the attached Mother-in-law apartment as a STVR. Additionally, the...