Hello,I have a wholesale deal I have been analyzing. This is my first investment property to analyze ever and I would like to know thoughts of the BP community. The property is in need of rehab. The rents are estimate...
Does anyone have experience acquiring seller financing deals? I'm nervous because we are highly leveraging this (95%). Which means no cash flow in year one. Any advice here would be helpful.
Also- does seller financ...
Hello, I've been reading through this forum and am extremely impressed by the amount of knowledge here. In this research along with reading a ton of books I have some thoughts on my progression into RE Investing. I ...
For all you Buy and Hold Investors out there in BP. If you had a multi-family duplex that had a NOI of $3700.00 a month ( this is a cash buy) and another one that had a NOI at $2600.00 a month(cash Buy) would this ...
I have a property under contract and now I need a funding solution. I have a self-directed IRA that I thought I could use, but I just learned the hard way that there's quite a bit more to it than they tell you when th...
Hello BP!
It has been a long journey to this point, but I've finally gotten to the stage of putting in offers. I'm looking in SC for a buy and hold, cash flowing SFR rental. I've been putting in lowba...
Just getting started and I'm trying to figure out how to run the finances and accounting for rentals that I plan to buy.
Do you run the expense portion as a total fund or more like a line item budget? Take maintenanc...
@Mark I'm typically a buy-and-hold investor and purchase foreclosure properties, renovate, and rent (BRRRR strategy). Generally, there's a significant initial renovation (capital improvement) which on my analysis spr...
BP,
I have a property in Kansas City I am looking for some guidance on.
14 Unit
List Price: $750K
Cap rate is what I am a little unsure of in Kansas City, i used 8 cap for this exampleARV based on the 8 cap is ...
We are just starting to flip houses, and have decided to go at it full time which means I retired from my old day job. We have some cash on hand to start with, enough for 3-4 all cash deals of typical size (for H...