Justin D.
First time home buyer loan questions
First time home buyer loan questionsOn the loan side what are some of the benefits of being a first-time home-buyer?Looking to purchase my first home that will need work.Where can I find the loan requirements for the ...
Mateusz Prawdzik
Opinion On Buying a Home from a Bank (Need Advice)
So I was looking for some homes that were being sold in the area and this one, literally 5 minutes from my house, is being sold for 169k which is under the market value in this area of 280k. I've got a couple of ques...
Alex Shaughnessy
TENANT DIED IN CALIFORNIA
Long story short............. My tenant died (not in rental) on 9/27/18. I was under the impression that on a month to month lease, it is terminated 30 days later. His autopay paid for Octobers rent. I let his family...
Rebecca Clements
Profit on a $200k home
Just curious as I'm using the fix and flip calculator, but what's the least amount of profit you'd want to make on a home where the ARV would be $200k? I'm just trying to get an idea of what's a good deal or not for f...
Chris Laino
How to identify a good property to use BRRRR Method
I’m looking to use the BRRRR method for my first real estate investment deal, but I’m feeling overwhelmed on choosing the right right property to do this on. What should I be looking for? How can I mitigate risk as mu...
Spencer Wetmore
How to report taxes on flip between tax years
Hi - I have a general question on taxes for flips. I purchased a house with a partner in 2017 that we rehabbed and will be selling in 2018. There were a decent amount of costs incurred in FY17, but I'm not sure if the...
Ian Whiteman
FHA Loan Interest Rate Seems High
Im in the process of securing a 30 fixed rate FHA loan on a duplex. Credit score on my personal Experian site shows as 818. The lender says it is 771. Not sure why there is a discrepancy. Today I received the loan doc...
Jake Weir
Formal Intro from Sacramento, CA
Hi All!
I think I've been signed up for a while and searched questions here and there, but I wanted to formally introduce myself in an effort to better connect with everyone online and offline.
My na...
Nick L.
Buying cash flow properties with seller finance in place
Hi BP. Looking to hear from the buy and hold investors out there.
If you are going to purchase a cash flow property with seller financing in place, what is your highest priority regarding terms?
Minimize the down pa...
Steven J.
How should I offer on these Tri plexes?
I've just come across two triplexes from a very motivated seller. He's looking to sell as-is and only needs to pay off his mortgage amounts left over on the properties. Not all units are currently rented due to wha...