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25 May 2016 | 9 replies
These are some really good common sense tips.
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23 May 2016 | 4 replies
I just skimmed your post, but it seems like you're asking for options to get started now, while bank/regular lenders want to wait until you have 24 months on the job (which is common by the way).Since you're so close, at 18 months, I'd say you should line up private/hard money just in case you come across any great deals, then when you qualify for bank financing you can refinance out the private/hard money loan with conventional financing.I frequently do this with properties, using private $ to buy a good deal quickly, then 6-12 months down the road (after I stabilize the property and give a good return to my lenders) I'll refinance with a regular bank loan.
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29 May 2016 | 1 reply
What are the most common things that a home inspector misses and is there any recourse you can take after they did not provide you with the correct information?
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15 July 2016 | 9 replies
Setup 1x1 coffee w/those that share a common interest in partnering.3) Syndication - if you lack time or just want to learn and make money sooner while you are working on your own DIY plan, if accredited, there are some great ways to get into this from a passive standpoint.4) Coaching - something to consider down the road to ramp faster, get exposed to deals and support a syndicator for profit.https://www.biggerpockets.com/forums/432/topics/30...
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1 June 2016 | 3 replies
Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.
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23 May 2016 | 1 reply
One of the most common methods is by combining business and personal funds.
6 June 2016 | 11 replies
Not that this really has anything to do with the rehab but you should also spend some time thinking about how your are going to allocate use of common areas and the kitchen.
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9 June 2016 | 2 replies
And in some cases even furnishing the home with day beds and bunk beds and small minimal apartment furnishings with less square footage in the common areas... to discourage any type of large parties and get-togethers.
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24 May 2016 | 8 replies
Base on what I've seen, your experience is pretty common.