ALright, was asked today to meet this Saturday with a coworker. He has some "play money" and he wants in on my wholesale startup business. He wants to wholesale and fix and flip.... Should I discourage him from using ...
Looking to start a thread to discuss current events in RTP/Raleigh-Durham and it's impact on local real estate. We clearly see an uptick of demands & low inventory. Especially with investment properties, it's hard...
Hi I already have 6 SFH's and have been playing the SFH game since 2002. (Seriously playing since 2012)However, I want to make the leap to Commercial. I have an offer approved for my first 20 unit complex. It just hi...
Hi folks!A colleague of mine brought me an interesting question. He's gotten a couple sellers to agree to finance him their rentals (details below). I have my own opinion, but I told him I'd put out on BP and see w...
I have flipped a few houses now with conventional loans getting started. Made some good money. Bought a 325k house in one of the best neighborhoods. Worth about 450 if fixed up. Been here 6 months with a roommate that...
We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
FMV: $1,338,167
Comps at $1,500,000 if buyer adds 1bed/1bath
Purchase price: $1,100,000+Wholesale fee: $6,500
Owner occupied: $3,250/m payment
No rehab necessary. Walking distance from beac...
Hello BP,What percentage of equity is ok to ask for when presenting a deal to an investor? If I want to partner with an investor and not just get a finders fee for the deal.. is 5, 10 or even 20% equity what someone u...
Hi everyone,I'm a Realtor here in the Inland Empire, Rialto specifically, that wants to learn more about investing in real estate. I've been searching on the forums here for awhile now, being referred by google, witho...
I am coming across some land plays and no way to value them as my experience is residential. Is there anyone in the Boise area I can connect with for these kinds of properties?