Hey Team,I am looking at home for primary use that I believe I have a seller financing opportunity on. I'm thinking 30 year amortization with 5-10 year loan with balloon at end of term at 5% interest. My ask is if thi...

Good evening all,This is my first post in this forum as a new Pro member.  After reading endlessly on the process, I recently realized that I will need to actually purchase a property at some point (go figure).My plan...

Hi there, I have been reading the information on this website for sometime now and would just like to thank everyone for their generosity in sharing information and stories. It for one has motivated, taught, informed ...

Good Afternoon BP community and excuse me for such basic questions but i figured i had to start somewhere.  Me and my partner have spent the last few months looking at property and daydreaming of all of the possibilit...

Folks of BP. I have just closed on my duplex. Should I now form my LLC?

Hello all!My business partner and I are in the formative stages of our REI company. I am a Realtor and he's a professional handyman. Our initial goals are to flip 10-12 houses per year in the Kansas City area and purc...

Hi im new to the site, and new to REI. I've been reading "Buying Real Estate without Cash or Credit" by peter Conti & David Finkel. Its a great book, and my nose is in it whenever im not at work. I was just won...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $55,000

Cash invested: $40,000

We found this one from a Wholesaler in the area and we jumped on it. Older individu...

Thanks in advance for your response. Much appreciated. Happy holidays. Another question, does the depreciation is calculated from the time when house became a rental property or I need to include depreciation during t...

Hello,

I am wondering if there is a best way to go about getting a HELOC. My credit is great and I have over $100k in equity. Should I look at small, local lenders or is it generally better to go with nationals lik...