Keith Kaufman
Newbie in San Diego, but not investing here
Hi all. Joined BP a couple of weeks ago and quickly realized I needed to join the Pro side. Not because I am one, but because I want to be one.
Anyway, about me: I live in San Diego, where every type of real estat...
Michael Randle
HELOC to make downpayment on Multi-Family?
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Adam Burns
What is the power of cash?
What is the power of buying with hard cold cash? We all heard the phrase “cash is king”, but to what extent? If you and a seller agreed on a $100k price, 20% down with a 30 year mortgage.. what would be the cash price...
John Alvarado
BEGINNER: ARE MY GOALS REALISTIC?
Hello, I'm new to all things real estate and was considering investing in rental properties, but wanted to know if my goals are realistic or not. BasicallyHow much profit can you make with rentals (apartments, duplex...
Jacob M.
Have You Had Multi-family Success In San Diego?
Hi All, I moved to San Diego two years ago and I love it here (it's hard not to!). I bought my first property as a primary residence upon arrival in 2016 and I have gotten to experience the great appreciation potentia...
Chris Svendsen
First BRRRR Finalized!!!!
I am happy to say my first BRRRR is officially completed. We purchased a property November 2016, thought was going to take 3 months to renovate, ended up taking a year, got rented right away and then nothing for 7 mo...
Alex Tobias
What's your offer making process?
To me, I can make a reasonable approximation of value by looking at basic info like the market the property is in, the stated rents or market rents, occupancy and general info like that which is usually disclosed upfr...
Chris T.
Early payment of rent
Good afternoon everyone,I would like to receive my rents before the end of the month, and require my tenants to deposit those payments directly to a bank account. What is the best way to do this? I have thought of s...
Roc P.
Sub2 Deal
Hello everyone I think I may have found a sub2 deal, problem is I never done a sub2 deal. I've located a home that does not have to much equity so I figure that sub2 option might be a good idea.
My question is coul...
Cyrus Sidhwa
Purchase Price for Flips
The standard formula for max purchase price is 70% of ARV minus Repairs. However, this doesn't seem to account for closing costs or holding costs which can easily reach tens of thousands of dollars when using a HM...