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23 February 2025 | 107 replies
I have been around this personally for years I was a vendor at Armando Montalongos how to flip houses seminars a little bit with Rich dad and lastly with Nick Vertucci's program..
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30 January 2025 | 5 replies
@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.
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15 February 2025 | 15 replies
I think of it like an employee or personal assistant.
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29 January 2025 | 11 replies
Initially I didn't have a personal connection to the area and didn't know much about the city.
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10 February 2025 | 5 replies
Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.
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29 January 2025 | 7 replies
If you need more to do the rehab, perhaps instead of partnering, you could get your former boss to do a personal loan.
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10 February 2025 | 21 replies
I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them.
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31 January 2025 | 3 replies
I've personally utilized private notes on three transactions and participated in another handful of negotiations with sellers on behalf of buyers in the past five years.
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31 January 2025 | 46 replies
I can think of a few BP-specific cases where the ability to delete a post makes sense:Noobs don't usually get the '@' feature right the first time, so I am constantly seeing double-posts so that they can properly call out the person.
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8 January 2025 | 10 replies
What do you want your ideal life to look life?