I know this is talked about a lot, my question is a little different.I'm in the process of setting up a Series LLC to protect myself. I'm working with a particular lender that is very investor friendly. I'm preappro...
I am selling a 4 unit property that is owned by my partner and I as joint tenants with rights of survivorship. As in, we both own 100% of the property. We both occupied one unit for 2 out of the last 5 years. The othe...
Hey BP!It's been a while since I've last post anything on here but as per usual I am here when in need for sound advice as this is the best online forum to ask questions in this business. I currently have a property u...
Hello all,My name is Joe, and I'm 26 years old currently working in the metro Detroit area. I have previously never thought of myself as a potential real estate investor, but I love the idea of not having to FEEL like...
Hello everyone on BP! So I recently just started up my career in wholesaling down in south Florida. And yesterday morning I managed to come to an agreement on an offer with a seller. I explained to the seller how the ...
The other day I was in the attorney's office to begin "Trustee's Sale" action on some deadbeats (for details see my thread "Not Always A Bed Of Roses"). While discussing how I had structured the original deal he asked...
Starting out, do you need to go get a pre-approved through a bank or lender before looking for your first house to flip?? Or do you find the house then go get approved? I heard that if you don't have pre-approved most...
Good Afternoon, My name is Richard and I am a new member here. By far my most nerve racking question is should I use my own cash to purchase properties?I like the idea of using my cash as leverage to obtain a great de...
Hi I'm new to the group, but find it great educational material.I'm renting my condo in Florida through RE agent, and come to a situation where agent found a potential tenant for me, now the agent insists that I sign ...
Investment Info:
Single-family residence fix & flip investment in Colorado Springs.
Purchase price: $226,000
Cash invested: $80,000
Sale price: $336,000
This was a Fix -n- Flip. We were ab...