Jacob Laman
To keep my California property or sell
Hello all,Looking for some advise here. I currently own a home in San Diego under a va loan. I would like to possibly turn this property into a rental when I leave. I’d like to then buy a property in va using a conv...
Cooper Meurer
Keep as rental property or sell?
Hello all! I am seeing opinions on my current situation. Hopefully, it doesn’t end up being too terribly confusing. I currently live in central Midland, TX in a 3 bed 2 bath single family home (1480 sq ft) with a valu...
Armando Melchor
Creative Finance Thinkers Wanted! Unique Problem to be solved
Hello everyone,First time posting on BP! here's my dilema: I purchased a SFH with a VA loan 3 years ago (before I started learning about this whole game). I want to refinance it to a conventional so that I can purchas...
Samuel S.
Land Contract - Viable business strategy for buyers?
Hi BP Folks,So I am currently in the process of purchasing my first rental property via Land Contract, and would be so grateful for any advice I could get!Here's the scenario:3 unit property1800 SFBuilt in 1935List pr...
Ryan Marrs
My First BRRRR, 0 down
--Currently two in a half week in rehab as of writing this--After having success with my first 4plex and 2/br home rentals I was ready to find my next deal. My original plan was to purchase a property at the County Ta...
Brandon Craig
Where to deploy 50k in DFW real estate?
Hey all.
Looking for advice on my first investment property but I don't know the best option to choose in DFW.- Pre approved conventional loan for 600k / 15% down / 6.2% interest- I have 50k total to deploy- looking...
Charley Gates
The size of the seller-financed note market
I just finished Jimmy Napier's book, "Invest in Debt." In Chapter 2, he states that, in 1982, the size of the seller-financed note market was $75B. I believe that the current size of the seller-financed note market i...
Jonathan Schwartz
Minimum Spread for Flip
I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip. My question is if people would ...
Evan Heckert
Expensive Duplex new build using FHA - Window of opportunity or run away?
Wanted to get a sanity check here before we get too much momentum. We were going to wait for the market to chill out and save for downpayment, but this opportunity came up and we're inclined to seize it.
We've always...
Anna Markowski
Refinance/HELOC vs Sell?
Hi, I'm looking on some advice for my next step. In October of 2016 I bought a 4-5 unit building for $655K in Chicago (5% down). This is legally a 4 unit building, we have restored it to 4 units, but it has a mega uni...