
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.

11 October 2019 | 2 replies
@Kiontray Davis Most states require that newly licensed real estate agents be sponsored by a licensed real estate broker.

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.

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.

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?

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?

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.

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).

13 October 2019 | 1 reply
I have been offered an opportunity to launch property management for a brokerage from scratch.

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.