Andre Ross
What should I do keep it or sell it?
Morning All,I own a multi unit property in Cincinnati ,this is my first rental property and I don't know if I should sell it or keep it. here the rundown why Im on the fence.first thing I did was take action, but the...
Jennifer Mkwayaya
Hello welcome to the RE Investor's Life in Philly
Good Morning,Just joined BP last week and I am overwhelmed with the BP family and the encouragement I see people giving to each other.I am interested in starting my career off with a multi family in Southwest Philly w...
Kristen Buckley
Closing costs- negotiable?
Good morning BP nation!
Looking for any guidance or feedback regarding closing costs and how to negotiate them. Currently in the process of closing on my first investment property-doing conventional financing through...
Account Closed
Does my brother-in-law have claim to a property?
Good morning,So I'm thinking about buying a house with my sister. I will be co-signing with her. She is married and the house will be for her and her husband to live in. I already have a primary residence on my own. W...
Joseph Franklyn McElroy
Motel in Maggie Valley, NC - Great Smoky Mountains National Park
Investment Info:
Other commercial investment investment.
Purchase price: $950,000
Cash invested: $350,000
Meadowlark Motel - family motel in tourist town Maggie Valley. Meadowlarkmotel.com - being r...
Steven Virgil
Is a home equity loan on an investment property a good idea?
Good morning. We are looking at buying our first investment property in the near future and were surprised to find out that banks are very reluctant to mortgage investment properties under $120k. We have the cash to p...
Akheem Gauntlett
A Good Rental Property Price
Good Morning Everyone, I live in Northern New Jersey and I am finally ready to take action and start acquiring Rental Property. I am going to implement the BRRRR strategy to start growing my portfolio. However, I seem...
Melody Kushi
Septic System and Well in NJ Property
Good morning BP Mates!My business partner and I looked at a potential property in South Jersey over the weekend. The home has great bones, beautiful original floors but needs major repairs. Potential repair costs will...
Tony Ardison
Wholesaling! What to look for?!
Good morning everyone,So yesterday I went on my first appointment to a seller’s house. It’s 2 homes altogether that are side by side to each other. One of the homes was in OK sale but the other one would probably nee...
Brett Arceneaux
First BRRRR Deal—ARV
I am working on my first BRRRR deal and trying to figure the numbers. How much of my rehab cost will reflect in ARV? Current appraisal is $145,000. Asking price is $100,000. Assuming that’s what we pay, will $50,000 ...