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All Forum Posts by: Benoit Malige

Benoit Malige has started 12 posts and replied 66 times.

Post: How to buy a FSBO property

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

Good find! Should you decide to wholesale it or partner up, PM me. Have you figured out the comps yet? 

In any case, good luck!

Post: Best Real Estate License School near Fort Lauderdale

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

hey Fednel,

I just went to Merrick Damon Real Estate School 2 weeks ago, and it was great. Small group (less than 10), and Merrick is a great guy. 

For the book, I recommend the "Real estate manual for sales associates and brokers, 38th edition" from Dearborn.

I passed my license two days ago :)

Good luck!

Post: Newbie in Hollywood, Florida

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

welcome to the site Marni!

I am sure you will easily find answers by searching your key words "background" "credit check", on the forums.

Congrats on your first property!

Post: From Florida

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

Hi Chris welcome to BP !

Post: How does private lending percentages work?

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17
Originally posted by @Jenny Seaborn:

Thank you guys so much for answering my question. I really appreciate the info. Now I understand and can move forward with my deal! 

 No worries, happy investing !

Post: How does private lending percentages work?

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

To make it simple, if you borrow $100 000, and you get your project done in 6 months (half a year), it would cost you $5000.

100 000 (loan amount)  x 0.10 (interest) × 0.5 (half a year) = 5000

Post: Lehigh Acres Florida Rehab Project

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

nice.. keep us updated on the numbers!

Post: I paid off a house in just 3 years!

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

That is just amazing.. Bravo !

Post: New Rehabber from Florida.

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

Welcome Jermaine !

I have learned SO much from BP, you are at the right place. Be sure to listen to the podcasts as well, they have a bunch on rehhabing :)

See you around!

Benoit

Post: Lehigh Acres Florida Rehab Project

Benoit MaligePosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 68
  • Votes 17

Awesome! I have two questions:

1. How did you find the house?

2. How long are you planning on needing before putting it on the market?

Good luck!