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Results (10,000+)
Andres Bernal Proof of funds in a Connecticut deal
3 January 2020 | 7 replies
Or, you get a commitment letter from your investor for a private loan.You can also make the offer in both of your personal names, showing his POF, with simple language you will be assigning to a newly created llc that the two of you own....my suggestion.
Kiontray Davis Starting in an Agency or not
11 October 2019 | 2 replies
@Kiontray Davis Most states require that newly licensed real estate agents be sponsored by a licensed real estate broker. 
Kerie Choiniere Newbie making an Introduction
7 February 2020 | 8 replies
After finding BP I am newly inspired to follow my dreams once and for all and buy my first flip.
Melody Kushi Capital From Selling Own Home
12 October 2019 | 8 replies
You may invest that capital directly into a newly formed business entity bank account as a capital contribution by owner which could then be used for down payment, construction, holding costs, etc.
Alejandro Hinostroza Newly Built Opportunity Zone Properties?
10 October 2019 | 8 replies
Are there any investors out there who have looked into newly constructed multifamily/commercial properties in opportunity zones that don't require any substantial improvement?
Matt Berklacy musing...how can I be naive, heartfelt, and partner again?
10 October 2019 | 1 reply
If I knew too much, I might not have moved into it with my heart and it might not have happened.How can I be naive again and fall into a partnership that can launch and grow beyond me?
Marcello Pirrelli Purchasing tax-delinquent properties
12 October 2019 | 2 replies
Allowing you to purchase a delinquent single family home in a newly commercially zoned area.These properties sometimes come with other liens from the city as well so just look out from that.
JR Dadivas Finally Ready and First time posting
17 October 2019 | 9 replies
Most of them, justifiably, are looking for the low hanging fruit (ie - a newly married couple with a baby on the way, a family relocating to the area because mom/dad got transferred, someone selling their existing house and buying another...you get the picture). 
Jenna Olivieri Property Management Compensation in NJ & PA
13 October 2019 | 1 reply
I have been offered an opportunity to launch property management for a brokerage from scratch.
Alfredo Franco Use of retirement savings and placing home on equity
13 October 2019 | 3 replies
.-$165,000 New Value (The appraised value due to both forced & market appreciation)-$12,500 HELOC Approved-$1,550 Monthly Rent & no vacancy so farWe then used the $12,500 and a little cash to move into a newly constructed home approximately 10 miles from downtown center:-$300,000 Purchase Price-$15,000 Down Payment (5% Conventional)-$1,970 Monthly Payment (Mortgage, Escrow, HOA)It's now been two years since we moved into this home and the market has been kind in Nashville:-$165,000 Home is now valued @ $200,000 (originally $137,500)-$300,000 Home is now valued @ $330,000 (approximately)-$43K is what I stand to clear on the original home after selling using a 1031 Exchange to avoid capital gains taxes.-$13,200 isn't true cash flow but it is what we captured beyond monthly payment over 2 years, we can assume 35% for expenses since this property is remodeled and the HOA cares for the roof and external structure.Total gain over 3.5 years:-$62,500 in Equity on Home #1-$30,000 in Equity on Home #2-$6,600 in Cash Flow on Home #1-$20,000 in Debt Pay-down for both homes combined-Plus tax savings that I don't know off-handWhen you look at each wealth generator I imagine REI far outperformed my 401K had I left my original $15,000 slow-cooking.Total Gain: $120,000Total Cash Invested: $35,000Net Gain: $85,000Next, I'm most likely selling the original home and acquiring a deal that net almost 5x the cash flow of that SFR.