Hi All, hope someone has advice.We have a 3 unit, concrete block property in FL. Program we rent through (similar to sec 8) said all units have to have heaters.To give you an idea of how important heaters are, I ran m...
I attended a seminar today at my local REIA and the guest speaker told us about how he financed a property with very little money.
Rough numbers on a SF
ARV - 102K
Purchase Price - 46K
75% of ARV Hard Money loan - ...
I do not have much experience with life estates. Would it be possible for a homeowner to give me a life estate remainder interest in their property for some sort of valuable consideration? Is consideration even needed...
Appraisal Risks – Part 2: What Do You Mean the Appraisal is “Too Good”?
This is part 2 of a 2-part series on appraisal risks. In Part 1, we discussed what to do if an appraiser undervalues your property. In Part 2, ...
Hello BP Community,Well I am official, I purchased my first house to flip two days ago. Yay!!! As I start to look at what sub-contractors I want to use I wanted to see if anyone has a good base template for sub cont...
Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...
I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...
You can make a fortune in land. Having said that, I will not sugarcoat what is probably one of the most difficult types of real estate investing. The reason you can double, triple (or more) your money in land is bec...
Hello everyone,
I work for a big German multinational and will transfer to the US starting next year. My goal is to stop renting my savings away and househack my first property in the US (co-owner of some properties ...
Preparing your home for a private viewing is essential. These are the things you should focus on...
Tips for Preparing Your Home for Viewing:
1. When it comes to getting your home ready for potential renters, orga...