Most prospective wholesalers never get past reading articles, and there is nothing wrong with “failing forward”.

I am thinking of purchasing a $25k lot that i can fit for sure a small 4plex on in a city that is surrounded by heavy industrial plantsMy plan is building a 4 plex with 1 room, 1 restroom, small living room, tiny kitchen, and tiny utility room roughly 775 sqft a pieceI know for a fact i can get contractors in here rented out paid water and trash @ 950$ a month (possibly more if weekly and if i do all utilities)Why should i  OR should i not pull triggerRoughly 25k for lot + 200-250k to build  = a 225-275k loan @ 15 years @ 5.59% 275k loan 25% down1695 note paymentLets say 400 taxes 400 insurance (over estimating)2540 payment - 3800 rent = 1260 cash flow minus water and trash Basiclly 200-250 a door @ 15 years (trying to build equity fast)Im doing 15 years cuz i know i can walk in to my favorite bank and they’ll Loan this out to me fast basicly pre approvedNever done this before but already getting bids on contractors and this is what they told me roughly building cost wise (im more experienced in SFR’s)

I am working on usimg the brrrr strategy and i was wonderig if you or anyone in this forum can suggest a list of realible hard money lenders and investor friendly banks since im having trouble finding a bank that do not requier seasoning. 

I plan on using financing, I have a family member who works at a local bank who is helping me with financing.

The bank wasn't allowing interior access, but I was able to talk to some of the neighbors as well as the previous owner, and found that this home (and the subdivision) was badly damaged by the floods.

Hello, I’m new to BiggerPockets and real estate investing. I’m trying to read/research as much as I can before I start investing. One thing that I recently came across was that it may not be possible to get a loan for...

If you end up in court, your only obligation is to tell the court that the tenant failed to pay rent.

The professional money out there wants somewhere around 2pts and 10% and first position collateral.Banks on the other hand will give you 4.5%-5% money for first position collateral.Both of these lend up to fairly high LTVs, 80% or higher.I just mention these to set the window...Now think about it this way: If you have a family member or friend with $50k in the bank, how much interest are they earning?

Like the big banks adopting a futures market for BitCoin.

@Mike D'Arrigo and Lake City Bank