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Me and my wife have 9-5s, with poor credit and considerable debt so I understand Flipping and buying/holding is out of the picture....for now. Want to begin Wholesaling in the Tucson area, looking for some guidance! W...
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Hi everybody, I have some cash saved to do an investment, but I would like to take out more loans to purchase more expensive properties if possible, or at least to keep my options open. I would like to see what diffe...
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As I continue to dive right in (still relatively new to the BP community) the search for my first investment property continues. This morning I read an article that made me consider to look outside of my normal areas,...
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Hello All, What do we consider a successful "buy and hold" rental property. As I was reading, I keep asking these questions to myself1) Is it as easy as buying a property which is easy to be put up on rent and gives o...
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Hello!Thanks in advance to anyone who can offer some wisdom on this situation--Been racking my brain on ideas but wondering if it's even worth it. Thought I'd ask some of you great BP folk if youHere are the details! ...
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Hi guys,
Over the past year I've successfully flipped 2 REO properties I picked up off MLS. I'm an agent and got them both relatively easily. I placed an aggresive offer on the first, and on the second I had the REO ...
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I have two C-class properties, no mortgage. I paid about $120,000 for both of them.
I also have a B-class property. Cheap mortgage, with balloon payment of $140k due in 2 years.
The B gives easy, stable, and r...
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I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....
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Good day BP. I'm curious if anyone specializes or has had success renting to folks with not great criminal histories or bad credit histories, etc? It sure seems there are LOTS of folks with less than great reputatio...
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Lately, this seems to be a frequent topic, as certain gurus teach people to request 0% owner financing from sellers, and a number of investors brag about having done so. The benefits to the investor are obvious. The b...