Harry Williams
How much are you profiting flipping homes in Atlanta?
I am purchasing a home and financing the rehab with a partnered developer who manages the entire project. Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit befo...
Andrew Martel
Section 8
Morning BP,My question today is about section 8. I picked up the S8 Bible VI&II the other day and found it to be a rather interesting read. A local investor turned me on to it saying that he's followed the same m...
Johnny Duke
Simple Foreclosure Numbers
I imagine anyone that reads the title will think "no such thing", but what I'm looking for is just a very boiled down summary of the numbers involved in a typical foreclosure process.For simplicity, assume a home is p...
Kit Jackson
HELOC or Cash Out
Maybe a dumb question but what the heck. My primary home has a first mortgage but the SBA has a lien on my home and in 2nd position. This lien will fall off in 9 years according to an attorney but I don't want to wa...
Dusty Bowling
yellow letters for raising private funds?
Hey everyone was wondering if anyone has every tried mailing hand written letters as an elevator pitch to potential private investors. I'm from a small town where everyone knows everyone, I work for the local sheri...
Tamas Z.
Any procedures when commercial tenant is selling their business?
Hey everyone,I've got a commercial property, and a tenant is looking to sell his business, which would basically mean the business (a store) stays there, but is under a new owner. The lease is with the business entity...
Account Closed
Initial expense/compensation in 3-person (33%) TX LLC.
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
Patrick Philip
How closely do you follow the 70% rule?
Where I live, I have seen wholesalers post houses at 88%. I am trying to get into both rehabbing and wholesaling. I think that if I'm waiting for a house at 70% value, I will be waiting a long time. I'm in central Flo...
Chris Politylo
Mortgage based on Vacation Rental Potential?
I'm curious if anyone has ever successfully pitched a mortgage lender an investment property on the basis of the potential income it could generate from Airbnb, VRBO, Flipkey, etc.? Obviously showing a business plan ...
David Galvan
USDA loans? Are they beneficial?
Hello BP.
Would you recommend using USDA loans for investing?