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10 October 2016 | 7 replies
I just joined BiggerPockets a few weeks ago after purchasing our first rental.
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8 October 2016 | 7 replies
Have you been able to find any meetings or groups locally to attend?
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13 October 2016 | 3 replies
We are a newer small firm (three of us), but we have done deals in recent months in IA and GA with two more in IA pending and one in IL.So...glad to join this PRO forum.
5 October 2016 | 3 replies
I was able to get in touch with and arrange a meeting with a local RE attorney that is familiar with wholesaling.
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4 October 2016 | 2 replies
I’m glad to have joined the BP community, and look forward to learning and helping out whenever we can.
6 October 2016 | 7 replies
I am intrested in all the aspects of investing like wholesaling,residential redevelopment etc.I am Happy to join the community and introduce myself and learn from your experiences as well.CheersVinay
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4 October 2016 | 8 replies
well assuming it meets the QM rules for owner occ.. etc.the scenario you presented is not a very attractive note unless the discount was HUGEPV is what investor look at.... what rate of return they want and in notes its usually 8 to 12% APR but with 100% leverage most investors will only pay on face value about 60 to 70% LTV ... so right off the top you would be taking a substantial hair cut.No secret what your trying to do.. but I surmise you will very quickly realize its not realistic .. the discount would be such that it makes it a no go.If your thinking someone will lock up their money for 10 years at 5% well thats not going to happen especially at 100% LTV...
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6 October 2016 | 33 replies
Join your local REIA and network2.
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9 October 2016 | 20 replies
You learned your lesson.She is brave to push you like that when you have more power in this relationship in the long run.Put some sod in, do the math on that.Even if it is only a small patch of sod, it could meet the definition described in the email.