My first flip was not a lipstick flip! I partnered on this project with a fellow BP member which proved to be a great decision as we could support each other emotionally through the ups and downs, lol. We have a few...
If anyone who is newer to note investing needs a refresher course on what caused most of the NPLs we buy to be available, read The Big Short or go see the movie. Fascinating how corrupted Wall St. brokers and rating a...
Ok I just put a house under contract for 30K and ARV is about 80K with repairs running around 20K. I may try and assign to another investor for 3 or 4K but i would really like to rehab this one and make some huge prof...
I’m buying a fixer upper with all cash. I’m looking for capital to renovate it & relist it back on the market for a profit. I’d like to avoid any interest bearing loans. I’m more interested in joint ventures, sell...
Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...
Hey guys,I am trying to asses the deal of a condo in 72 Park Miami Beachhttps://72parkmiamibeachcondo.com/The apartment is 1 Bedroom + 1 Den + 1 Bathroom 755 Sq/f + 195 sq/f Balcony14th Floor North facingPrice $1,150,...
Hello, if I was to borrow money from a Hard Money lender and wasn't able to pay them back, do they report this to the Credit Agencies? Thanks
Hello,I have fixed & flipped properties but looking into doing new construction & selling for profit. Any tips or advice? What’s the best way to secure financing? & where to get questions answered as chall...
As we all know the market in DFW is very hot, do you think this would be a disadvantage for us trying to flip our first house?We were thinking of going to a private money lender that reached out to us and he has offer...
Hey all, trying to setup business structure for 2019 to improve lend-ability/DTI in future years. This post is about improving lend-ability, not tax savings (which seems to be the topic on most LLC vs S corp threads I...