My business partner and I have an accepted offer on two rentals as a package deal. We are dealing with a local bank who specializes in rental property loans. The total loan amount for the combined properties is only 3...
Hi BP! Newbie question:I have a little experience with real estate investing (own a couple rentals and just bought a cheap fixer house from a couple facing tax foreclosure that we found driving by and seeing their FSB...
Let me tell this story: A very young man came into a large some of money, the best thing he did was invest into a home. But because he had this money he all of sudden fell upon deaf ears, he didn't hear the part abou...
I've been learning investing for about a year now and have been afraid to pull the trigger on opportunities due to lack of contractor to help with estimates and suffering from analysis paralysis. I'm trying to do an ...
Hey fam! I appreciate your insights and feedback:I have a single-family home I need to rent out long-term. I'm not getting a lot of traction with leads, and am bleeding money each month. I just had someone on FB marke...
So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
Good Afternoon All. I was wondering if anyone can shed light on the most efficient method of proving accredited investor status, from an investors perspective. I know that some of the crowdfunding sites are using 3r...
A few months ago I dealt with an irate tenant. He was upset when I informed him of a $50 increase when his mom stayed longer than our agreed time-frame. His mother was suppose to stay for a month while looking for ano...
Hey BP!I am in the middle of closing on my first deal. It was formerly a large single family that was changed into a 2 family. We are pretty much at the end of the process. Inspection done. Mortgage is approved. Title...