Lorraine Patterson
Closings cost on an investment property....
Hello fellow BP’s, I’ve been pre-approved for $200k loan, but closing costs seem a bit high, does $16,000.00 in closing costs makes sense, the bank officer at Quicken Loans said the closing cost on investment properti...
Karl McCarrell
Hello Everyone! New Real Estate Enthusiast Here Oklahoma
Hello guys, my name is Karl and I am new to the real estate investment world. A little bit about myself, I am a graduate of the University of Oklahoma with degrees in human behavior, microbiology, and a state licensu...
Mickey Brown
Amateur with questions about flooring choices for 4 unit
So I bought a 4 unit in what i would consider a B class neighborhood. The units have badly installed cheap damaged linoleum floors. I'm looking to upgrade to a flooring option that will look nice, hold up over time, b...
Wes Barnes
Deal or No Deal, under contract for $6k
I recently got 405 N Avenue K, Portales, NM 88130 under contract for $6k, it is a fixer upper. Full gut. Hoping to do a fix and flip.Asking Price 15kARV - 65- 70KGot it under contract for 6kReno- 30 - 35kIs it worth t...
Laura Ball
How to deal with no showings after 3 weeks?
Our house has been on the market for 3 weeks with no showings, which is beyond frustrating. It's a great family-oriented neighborhood in a fantastic school district, with swim and tennis amenities. The 4 bd/2.5 ba hou...
David Siders
MOVING INVESTMENTS TO FL
I have only done one 1031 exchange. We have 7 SFH in Ky leased to tenants and want to move our investments to Fl. The homes are free and clear. I just stumbled onto this site and want to start learning how to do the o...
Evan Hyde
Taxes on sponsor cash flow
Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...
Ben Holloway
Get Property Management to only service part of a triplex?
Have a quick question for the BP forum regarding my PM and management of a Triplex in Delaware. To give some context, I have a triplex in Delaware with 1/3 units currently rented. It's a C location, so Bought it a few...
Janessa Storlie
Connecting with house flippers
Hey everyone, I was hoping to connect with some other house flippers. My husband and I have done one house flip in the past in Spokane, WA and then the market turned and it became very difficult to find deals. We are ...
Alberta Eleazer
High Equity Lead Options
Hello BP
I am in contact with a potential seller that has under 20% Equity in her property. I have not seen the property yet. But from our conversation it seems like the only thing it needs is new flooring and touch...