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Hi everyone, I currently own 2 rentals under my corporation. My mother let me use some of her line of credit to purchase both properties. One house I borrowed 80k and another I borrowed 30k. The interest on the credit...
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So, I've got a perfect opportunity for a Sub2 deal (the seller is totally on board), but I don't know what I need to do to make it happen. My local REIA said go talk to a lawyer, so I've got a few calls out.
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Hey Guys!I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?Year Built: 1960Roof was repla...
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I have a motivated seller with an SFR, 3 beds, 2 baths, 1600sq. ft., Houston suburbs. The ARV is 120K, the rehab is 15K, and I'd like to make 20K (flip) with an exit strategy of refi, rent and hold. I'd like to offer ...
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Asking price - $179,000Hoping to get it for $160,000Unit 1: 2 bed 1 bath - needs about $10,000 in work, unfinished basement but possibilitiesUnit 2: 2 bed 1.5 bath - Needs $10,000 in work, basement very poorly structu...
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I am looking at beginning my Real Estate investing journey in approximately 3 months (can’t start now due to a military PCS coming up) and I want to make sure I have all the proper groundwork laid so I can hit the gro...
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I am hard working, passionate and ambitious.
I have 1 rental, in the form of an ADU, attached to my personal property.
I now have a HELOC ready to buy my next property. In order to grow my portfolio, I have decide...
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Hello BP users,I am a new investor just starting out. I have not yet acquired my first property or conducted my first deal.I just created my LLC this week to use for my rental property business. I have opened a bank a...
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To start out, I want to openly admit that part of the decision I'm trying to make is based on emotion/QoL, but I just want to get the opinions of the BP community because you can tell me if I'm being crazy and making ...
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Hey BP folks! I'm a longtime fan, first time poster. I actually just bought my first home last year in Montgomery County, Maryland (a condo with a low condo fee using an FHA loan, not a super great deal but very reaso...