All Forum Posts by: Michael McCormack

Hey All,

Lately I've been doing a lot of thinking about different ways to come up with money to use as down payments for multifamily 1-4 family properties. So far I've come up with, if credit allows, borrowing from a credit lender, finding a JV partner, seller financing, personal home equity loan, possibly hard money if there involved sweat equity that can be created and pulled back out via refinancing. Does anyone else have any other ideas that in theory might be an option, or that you have actually used in the past? Looking forward to the responses.

Michael 

Looking forward to downloading it!

@Antonio Nicely Perhaps it is Single Family Residence

@Mike Ventura Great to have you at BP!

Hello everyone,

I was hoping some members could direct me in the way of finding a reliable affordable General Contractor in the metro MA area.  I'm looking to interview to find a GC to hire for a flip.  

Thanks,

Michael

Hey @Chaim K., 

I've heard that Arizona is a very lucrative area based on the recent population growth of that state. 

Hey BP!,

I've been wondering recently, in terms of house flipping, what aspects of a rehab/flip can usually offer the best ROI when it comes to the final appraisal? I've heard that baths and kitchens are positive, and you tend to lose money on basements, but are there any other aspects or additions that can add value to the final appraisal?

Thanks in advance,

Michael

Hey Pannell

Have you read the Book on Flipping Houses by J Scott. 

Welcome Nick,

This is a great community of knowledge and opportunity.  

Hey Shawn,

BP is a great way to learn how to get out of the rat race.  Life is too precious to be spent working for someone else.