Hey everybody!23 year old trying to get startedI saw this oppurtunity to buy a 4 plex in toledo for 60k, I believe its in a rougher area but it has 3 tenants rented out for a total of $1700 a month with owner paying u...
I have a growing wholesaling business here in NJ, and I am looking to begin building my virtual wholesaling business several NC markets. I'm looking into the Fayetteville, Raleigh-Durham, and Charlotte markets. I grew...
I've been going back and forth on selling my SF 1 bedroom condo in a 1031 exchange for a duplex-like property in South LA. I'd really love some thoughts from the BP community on this. Let me give more details to giv...
Hello my name is David. I say seasoned so maybe not by today's standards. I have over 50 doors but have basically done it the old way by saving up down payments etc. and buying extremely distressed and sweat equity In...
Today I am looking to do 30-year conventional cash-out refinance on my 6th property after rehab. My broker told me that they updated policy lately on rental property
-- 70% LTV (was 75%)
-- Can't do any loan if owne...
Hey everyone, if I’m planning on trying to land a pre foreclosure home to wholesale, would I still use the usual 70% rule to calculate my MAO? Or is there some other formula to get my MAO when dealing with pre foreclo...
Hey everyone!My family inherited a house through probate. The home was owned by a hoarder and the house is in pretty rough shape but in a good neighborhood (Rockridge in Oakland, CA). The home itself is VERY charming ...
https://www.biggerpockets.com/calculators/shared/400457/4ee576e0-3d59-4320-97af-b59ae5aabdbfSo this is the deal I have come across. I estimated the management expenses. It is supposed to be turn key but I have not b...
Hi All,Does any one in the San Diego market have experience or advice about Lease Options? Finding a motivated seller and matching them with a short term lessee (tenant-buyer) to take over the property.I'm new to real...
Gerting ready to get involved with my first real estate flip. Looking into using a hard money lender to build funds until I can pay cash. Wanting to know some pros and cons of going this route. Trying to get as educat...