Lisa Rayle
How bad was it to be a cash flow investor in 2008?
For those of you who were around then, what was it like to be a cash-flow investor in Phoenix in the last recession? There were plenty of stories of house-flippers losing a ton, but was it that bad for people with mor...
David Asche
Help! Selling house Dad bought us.
So over two years ago me and my wife decided to buy a house in Idaho. Found a house, made an offer but my credit didn’t show up so wasn’t able to get the lone in time when we needed it. My Dad stepped in and bought th...
John Alosio
Over My Head - Apartment Complex
Hello BP community
I am in a situation that I am looking for some advice on.
A little background to start: I bought my first investment property 3 years ago. I currently hold 2 cash flowing duplexes. I am looking ...
Danny O'Bannon
Am I calculating my costs right?- Rehab
Here's the numbers for my flip I just picked up:
Purchase: $58,000
ARV: $118,000
Profit: $32,000
Does this look realistic. I am basing the rehab off the following cost with an Estimated hold...
Shawn Lovelidge
Need wise advice in a Seller's Market...
I'm new to this site so forgive me if I ask a stupid question.Goal:Take advantage of Seller's market and position myself for passive income as I reach retirement.Situation: Debt: 100K; Value: 180-190K; Interest Rate: ...
Stephanie Foret
unsucessful?
Hi all, so this may be a bit unorthodox but I am hoping to hear from people who tried wholesaling and lease options and did not succeed. I have been doing quite a bit of research and there are tons of success stories,...
Account Closed
How to? Move into a new house and keep my first home as a rental
1st time posting here.
Looking to purchase another house and keep current single family home as rental. We just have no idea how to do it.In Austin, Texas market. Bought house 1.5 year ago for $230K. We got a convent...
Richard Yerger
Getting out of bad debt
Today I read a great book. Some may know it "The Richest Man in Babylon." I am a store manager for a pizza place. I make a little more then 50k a year and I am always broke. So today I figured out my low and high of m...
Max Biggar
Process of buying from a wholesaler
Hello BP!I have a question about purchasing a property from a wholesaler and the due diligence needed. I have located a property in Florida where the numbers make sense based on my estimations... not his. This will be...
Lincoln Kai
Seeking Hard Money Lender - Refi 2nd Property
I have a 2nd investment single family home (3 beds, 2 bath) that I built new approximately 5 year ago in Idaho. I currently owe 120k on the home and it's worth approximately 220k. I am coming up about 40k short on a...