Eric Walker
Just starting out - Joliet IL
Navy veteran trying to one day quit my job. I live in Crest Hill IL just outside Joliet or about 45 mins drive to Chicago. I've worked for the VA for about 10 years. I used my VA loan about 7 years back to buy a sin...
Jack Tucker
Found deal (I think), now the $$ finds me? 1st "Fast" Flip. HELP!
Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.
Question...
Courtney Araujo
Deal Analysis Spreasheet
Hi BP! I've created a deal analysis spreadsheet so that I can easily do some quick and dirty number crunching when looking over deals. This spreadsheet analyzes rentals or flips. I was hoping to get some opinions on t...
Account Closed
Mid South Home Buyers - Looking for reviews
Hope everyone's enjoying the holidays!A friend recently introduced me to this management group in Memphis called midsouthhomebuyers. I'm currently on their waiting list and figured I'd poke around in the meantime and ...
Praveen Van
loan without impacting credit score/history (DSCR loan)
Hello BPs, I am newbie here and have a question related to DSCR loan. I own multiple rentals (with conventional loan types) and its getting tougher for my next big rental ($2M property) which I am going to purchase th...
Robert Griffiths
New in Las Vegas, hello everyone!!
Hello all! I'm Robert, I'm looking to get started along the real-estate investment path. I'm planning on purchasing my first home in august as my primary residence; however, I want to purchase a home that I can turn i...
Andrew Gingerich
Multi Family Cap Rates and Valuation?
Am I doing my math wrong? There is a 14 unit in my town listed for 3.6 million and a 30 unit listed for 4.1 million.
Gross rents on the 14 unit are probably 21000 per month or 252000 annually. If I assume 45% of ren...
Mark Forest
Prospective tenants with a criminal record
What is the current law on refusing to rent to prospective tenants who have criminal records? Thank you in advance.
John Cobb
Why do banks not like holding REOs
I have just read an article by Joshua about REOs and in it his last point is
'Note that lenders and banks do not like holding REOs on the books, and try to get rid of these as quickly as possible.'
Why is this and w...
Darryl Dahlen
Great read on different capital markets
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...