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23 January 2025 | 0 replies
We're crunching numbers and planning to make purchases this year in the self-storage space.
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9 February 2025 | 32 replies
Can you easily find cash purchases close to the property and things like that?
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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24 January 2025 | 8 replies
Purchase price: $550,000 Cash invested: $450,000 6 unit multi-family BRRRR.
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24 January 2025 | 10 replies
You can also offer to lease with an option to buy to tie up the property until you are ready to purchase.
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27 January 2025 | 13 replies
What we have learned is that most people avoid these properties entirely, which allows us to purchase them at a significant discount.
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31 January 2025 | 24 replies
@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure, I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.
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20 February 2025 | 11 replies
For example one property I purchased 4 years ago was a two family townhouse.
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21 January 2025 | 4 replies
Otherwise, you will have to explain the large deposit and possibly the source of the funds to buy the crypto.You can expect to need about 20 percent of the overall costs of the purchase and rehab.
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24 January 2025 | 3 replies
Willing to customize to tenant desires FOR A PRICE. obviously, some of the above is accomplished by the particular property you purchased; some by repairs, maintenance and improvements, and some by ongoing service commitment.