Last November, I did my first rehab deal (BRRRR). I got it for $40k I put $30k in rehab and we thought it would appraised for $80k based on surrounding properties. The appraisal came back at $56k. I tried to challenge...
In the past few years, flipping houses has been a major source of income for me, but deals have been so hard to find this year, that I've only flipped one house all year. Would this be a good time to shift my focus to...
Happy New Year BP Colleagues!I am new to REI and I am looking for advice on how to start. I am located in the Memphis area and would like to start local. I am looking for any advice you amazing people are able to prov...
My wife and I are looking to purchase our first (intentional) investment property. We are looking to purchase around 6 months from now. In that time frame we can reach about 30k in cash that can be used to fund this. ...
I have been in different professions that I have chosen (home loans, insurance, customer service, sales, and plumbing sales) all in some way related to my end goal of educating me leading to being financially free thr...
Hello my name is Jorge I live in Springfield MA and I currently have a single family home that I currently own and live in. The value of the property is estimated to be at $244,000 and currently owe $173,000 so I'm tr...
At what point do you put your home in an LLC?
I found a multifamily and put an offer on it. I want to put it in an LLC but my realtor says that I cant until after closing, He said because the LLC isn't formed yet. So...
Hi everyone,so I found 2 properties with tax sale signs on them in upcoming areas, I’m assuming this is like an auction because it says that it foregoing execution to be sold at the tax commissioners office on June 4t...
Hello,I am a new/aspiring real estate investor who is trying to move away from education and take action. I've been debating the best way to get into RE investing and I've landed on wholesaling as a way to create cash...
Greetings everyone. I am going to purchase my first multifamily this year but have run into a few snags. Mostly financing. I make about $65k/yr and have $15k in savings for a down payment. Credit score of about 680. I...