Account Closed
Buy or continue renting?
Hi All, So I live in Los Angeles and I rent for $1,200/ mt, I have seen a similar 1 bed on the on the market for about $200k but it needs some work. My current rental lease will finish soon, thus I will move into a p...
Peter Pezzano
Using a Hard Money Lender and Refinancing into a 30 Year fixed
I've been considering buying a multi family at an auction. This is the scenario I would like to know if it would work:I am able to buy a 2 family at auction for let's say 300K. I am able to find a hard money lender wi...
Susan Armstrong Fisher
Target Amount of Equity for Cash-out Refi
When is the right time to refinance a property when pulling cash-out? Is it ideal to have a certain amount of equity so that your payments don't increase? I'd like to avoid decreasing the amount of cash-flow I recei...
Cameron Ure
Best Degree To Have as a Real Estate Investor
Hello BP forum,I am currently a college student studying finance, more specifically personal finance. I was just curious to see what you all would say the best degree to have for a aspiring real estate investor would ...
Adam Laczo
How do I collect from now-gone tenant's back rent payments?
Tenant was giving me the run-around for September's rent. I was a nice guy land-lord and agreed to collect September (+ late fee) plus October's rent at the same time October's rent was due. Bad idea. October came and...
Devin Howard
Which Would Be A Great First Investment?
Which would be a great first investment for a 20 year old in order to start getting some skin in the real estate game, purchasing a duplex or a property in foreclosure at an auction?
RaSheem Barnett
Need Help with Creative Strategy
Hello All...I have a friend (she actually works for me as well) that bought a foreclosed home and paid cash for it. A few years later, she ran into some medical issues and needed some money. She found a private inve...
Nick Runnebaum
Using Vacant Land as Collateral to Acquire Properties & Invest
Hi BP Community! First-time poster here with a question that really hasn't been answered for my situation that I could find. I own vacant land (buildable and once excavated for that matter) free and clear. Based on...
Amanda Paugas
8 plex scenario, ?deal
Hi everyone!I'm looking at a possible deal and was looking for some input on how others may handle this. The deal is.....8 units, 3 separate properties (1st house- duplex, 2nd house- duplex, 3rd house- quad)Asking pri...
Austin Wise
Hard Money Lending Experience
Good morning BP!I was wondering if anyone has had experience using hard money in the Birmingham area BRRRRing from OOS. I’m currently looking to make my first property purchase and am not yet in the position to make a...