Tim Mcmanigal
Securing financing for deals
16 January 2020 | 2 replies
I’m looking for suggestions, info, drafts/formats, etc to present to potential financial partners to finance deals.I have more deal opportunities that financing available and am getting to a point where I’d really like to bring in outside/investor cash financing.I know several individuals in my network that are interested / willing to invest, but I need to be annoyed to present them with a term sheet or agreements And was going to see if anyone could offer help in putting something together or where to find.Thanks for any help!
Andrew Politte
Introducing myself. Wilmington, NC Designer to Invest and learn
17 January 2020 | 9 replies
I considered taking the FHA route.Since I have the project managing experience my sights were set on a two bedroom one bath that I could make a three bedroom two bath down the road.Now taking this to a business level vs personal level- that's the basic backbone of the business.I can do the drawings, have experience with the individuals that handle permitting, and the process, and then can directly reach out to subcontractors as the owner of the property to facilitate the rehab and/or addition.My own research has led me to believe that rental rates (I also have personal experience with these) and low vacancy due to over demand should prop up this model effectively.
Paul Latendresse
Experience with turn key
29 September 2020 | 12 replies
@Paul Latendresse it depends on everyone's individual circumstances.
Autumn Rankin
8 unit mobile home park
16 January 2020 | 1 reply
The purchase price was $80,000- I paid $30,000 to the seller (by flipping 2 mobile home lots in town and profiting $14,000)- I assumed to note that was held by another individual. ($50,000 @ 8%) No pics cause BP website wont upload or save it :( What made you interested in investing in this type of deal?
Micheal Patterson
Capital Gain taxes on military VA loan?
4 July 2020 | 16 replies
You are protected up to $250 individually and $500 as a couple based on my understanding and opinion, keep the orders and the documentation that supports the timeline because you're likely to have to prove it several times but I dont think you have much to worry about.
Rochelle Thea Fabrizio
Active Duty Flipper with Big Dreams
27 January 2020 | 13 replies
They also sub-leased without approval and those individuals never ended up paying me either.
Steven Andrews
Raising rents or tenants paying utilities. Which is harder?
17 January 2020 | 12 replies
On the other hand, getting all the infrastructure in place to be able to individually bill the tenants can be expensive, if possible.I might take property B and then start charging a flat fee for utilities and over time up that flat fee.By the way, when you say property B is at market rents do you mean rent minus the utilities the owner pays is market rent?
Roemello Lee
Where to start buying property in America
9 February 2020 | 6 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
Matt Pele
Looking for Private Investors and High net worth Individuals
2 February 2020 | 8 replies
Any advice as to how to connect to the right Private Investors or High net worth individuals that might be interested in these type of requests?
Kyle Rutger
103,1 multi unit property, selling units individually.
17 January 2020 | 1 reply
I was wondering, if you currently own a multi unit property (let assume 5 units, 4 with the same surface one a bit smaller), let's say bought for $500.000 and you only sell one unit for $170.000, how the capital gain...