
5 December 2024 | 14 replies
Share construction investment expertise, market trends, and negotiation strategies with BP members.

11 December 2024 | 12 replies
Has anyone had success with infinite banking.

13 December 2024 | 24 replies
I frequent the MKE events.Leverage Your Skills: Highlight your project management expertise and strong contractor relationships when negotiating deals.

17 December 2024 | 16 replies
Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

20 December 2024 | 28 replies
How often is an individual successfully sued for an amount that exceeds their insurance coverage?

10 December 2024 | 5 replies
After contract is more challenging as your best negotiation is before contract.

16 December 2024 | 12 replies
Update #2 I had a meeting with customer success specialist at Doorvest.

10 December 2024 | 0 replies
This property had a very large lot How did you find this deal and how did you negotiate it?

10 December 2024 | 5 replies
Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USDLoan Amount: $313, 500 (Monthly payments will be amortized as a 30 years loan)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24Closing Costs: ~$3300 Zip Code: 74105Observations: * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD ) * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked

7 December 2024 | 9 replies
Hope this exercise illustrates the fact the BRRRR and cash flow are not always indicators of success and far less time could have been invested to achieve a more favorable result by purchasing in Market A at the start.