Little background. The way I purchase properties is a little different from what I've seen from other members. I basically have assets that the bank allows me to borrow against. Kind of like a home equity line but the...

So I have an opportunity to purchase an off-market duplex in Spring Arbor, Michigan but I'm nervous about the numbers.  The seller hasn't given a price but they purchased the property 10 years ago for $135,000.  I can...

The property in question is $55k, and I recently did NOT get approved for a loan and was really really surprised. I was looking for a quote with 20% down as an investment property, and they shot me down despite ha...

Hi all,I'm thinking about making my first offer.  This would be my first ever purchase.  Thanks to these forums, I have found several investors in the same area who are more than willing to talk real estate and lend m...

Hello,My husband and I are newbies. We are interested in purchasing a 4plex. We found a deal for 125K that is completely rented for 1750/month. We live in St.Louis, Mo where rent/properties are fairly cheap. The numbe...

Hello. I’ve been researching MHP investing for awhile now. I’d like to acquire the right park and plan to attend the Mobile Home University bootcamp in May. Until then, I have a park that has sparked my interest an...

Hi, I am actively looking and putting offers for my first rental property, I just saw a townhome that I like from the 70's that needs some rehab, and a few blocks from it there is new development offering same type of...

Hi BP members, I'm new to REI and have recently in the last month started marketing for sellers by using craigslist and bandit signs. After researching other avenues, I've realized that direct mailing seems to be t...

What software is everyone using for job costing on flips? I know quick books will work but I was curious if there is something out there that already has all the detailed costs input where I would only need to add the...

How much money did you have before financing your first property? My Goal for this year was to acquire a multi family home to start house hacking. One thing let to another so I’m having to postpone that goal for anoth...