Caleathia Bowman
New Real Estate Investor looking for guidance in Bay Area
Hello BP community. I go by Cee Cee for short. I'm making a scary decision to change careers, I am interested real estate investing. I would greatly appreciate anyone's knowledge they have in the industry. I'd like to...
Chris Leeper
Why is it so hard to get started…
I’ve talked to multiple agents and lenders. I have excellent credit. I have a great down payment. Ok W2 job 50k annually. And they all say the same thing…I can’t get started in investing with the money I’m making…I do...
Wes Waggoner
BRRRR w/current tenants
I'm 100% this has been asked before, but can't find the exact scenario in the search. Looking at a 4plex (distressed seller) that cash flows very well the way it is with the current under-market-value rents. 3 of the ...
Klaycon Santos
Should i trust sellers rent roll and financial documents?
Sellers agent is pricing the rental property as potential market value rents. The actual Rent currently at the property is below market value. Should that be a ground for me to offer below asking price? Thank you
JD Castillo
The days of buying property in DFW for 65-70% minus repairs are over. What percentage are investors buying throughout the Metroplex?
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
Timothy Blackman
First time home buyer loan advice.
Looking for advice. I'm looking at getting my first home. And I would like to ask. Who would you go through? How would you finance your home? What should I look for? What should I avoid when seeking a loan? Is there c...
Ellie Narie
Is it considered fraud to hire your girlfriend as a housekeeper?
Okay, this may seem like a silly question, but what we're trying to do is figure out how we can get a mortgage loan to get a fourplex, but we are an unmarried couple, where one spouse is self-employed, and the other s...
Alex Collins
How to privately purchase a property from a buyer with a mortgage balance
Hello!Backstory: As some of you know based on previous post of mine I've found my first "possible" real estate deal. A co-worker of mine is selling her condo (which is not listed on the market) and is allowing me fir...
Jm McNabb
Is seller financing a safe option
We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
Tom Horan
Seeking Advice: I'm renting a house I want to buy
Hi All - I'm not new to BP, but I am finally jumping into the discussion threads looking for some advice on making an offer on a property. Trying to get a deal under my belt. Thanks in advance for any helpful feedback...