Eric A.
Getting creative with FHA + seller financing?
I've found a 2-family property in Bushwick, Brooklyn where the seller is willing to carry some financing (he has a $400k mortgage to pay off). He is asking $850k for the house, and it probably needs $150k in renovati...
Chris Daliani
Wholesale Deal-Price Analysis
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...
Marjeanne Fields
Seller financing on multifamily
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...
Jordan L.
First SFR Buy and Hold Deal - Highest and Best
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...
Deanna S.
Which Convntl Lender to Use for our 1st property? Under Contract!
Hello. We are under contract for our first property (a triplex) since last Friday. We have a 30 day escrow. Home inspection was yesterday. Now we need to secure our financing. We are preapproved with Wells Fargo ...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Braighton Coey
Help Evaluating my first potential deal???
To anyone reading,Thank you for clicking and being open to helping. I have found a deal that seems pretty amazing, but this is my first attempt and want to make sure the numbers are in my favor before pulling the trig...
Rachel Fazio
Single Family buy and hold
Hi All,Went to see a house last week. Made an offer, can't get the seller to come down quite as much as I'd like. Thought I would run it by y'all and see if you think it's worth it.~1500 sqft, 3 bed, 2 bath home - cla...
Tyler Child
Estimating repair costs
Hello,
I am closing in on purchasing my first rental property. I must say its been an interesting but nerve wracking experience. I've done my due diligence and pulled all of the information I could regardin...
Becky Smith
Starting out-help me-my situation
My situationMy husband and I are in our early 20's and we have a young child. I manage the apartment complex we live at so we get free rent and are able to save. My dad manages/owns a large property management company...