Christian Licata
In need of some guidance
Hi, i'm 22 years old and looking to get started in real estate. Im trying to decide if flipping a home or buying a rental property is the best option for my first investment. I have a good amount in savings and I'm wi...
Nick Foundas
Investment Property Loan Approval
Happy 2015 BP, I plan to use funds from a Home Equity Line of Credit for an investment property.
I was wondering if I opened a Home Equity Line of Credit on my primary residence and it just sits there unused, would ...
Daniel Dominguez
We need you help! We have a few questions
Hello everyone,We have a few questions as we get started seeing up our first rental property.1. Is it common practice to have the renter pay for the background check?2. Should we collect a security deposit and first/l...
Julie Muse
Wall Canyon Ct Flip: Big Profits in Sun Valley with Seth Choate!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $205,000
Cash invested: $50,000
Sale price: $349,000
Contributors:
Peter Vekselman
Partner Driv...
Anthony Maffesoli
Help! Understanding of Co-ownership payment allocation
Hey BP community!
First post here. I currently co-own 2 different properties. One is my primary which I live in with my girlfriend - I'll call this property A. The other I co-own with a good friend - I'll call this p...
Dorian Gray
Cash out refinance
I have about 950k in properties. I have about 550k in equity, one property is completely paid off. Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest...
Tyler Gilpin
Can I section 8 trailers?
Looking to buy a trailer (that’s not in a park, no HOA), and rent it to section 8. Is that possible or smart to do so? I’m located on the Illinois side of St. Louis.
Dave S.
Obtain unsecured Line of Credit for Buy and Hold / Flips
Has anyone approached a bank / financial institution to propose opening an UNSECURED line of credit solely for use to buy, rehab and either hold or flip? If so how did the presentation go, what was covered, what were ...
Alexander Williams
New member alert!
Hey everyone! I’m Alex, I’m looking forward to learning more about real-estate, rentals, and all the things in between. Does anyone have any good recommendations on books or accounts I can follow or read to learn more?
Caleb Metzger
Owner financing, quit claim deed
I have been looking to sell a house that I own free and clear. An investing friend has offered to buy it, if I do owner financing, above market value at $149k, pay 5.5% interest, $10k down, and do a quit claim deed...