👇Unpopular opinion about sponsor acquisition feesThey are 100% necessary.If you didn't know, sometimes sponsors charge what is known as an 'acquisition fee' when they buy a deal.Typically 1-3% of the purchase price o...

Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...

Had our inspection on a 6-unit apartment here in Kansas City last week and the inspector flagged that the old brick chimney has no liner and flue gas from the gas furnace(s) and water heater vent through this chimney....

Hi all. We just started rehabbing a 1500 square foot house in an upscale neighborhood. It currently has a 150 amp service and panel box in the basement. My thinking is that we may need to upgrade to 200. Especially...

Here is the background behind my predicament, as I said in the description, I have been trying to purchase an REO property for the past 3 weeks on Auction.com. I am the only actual person bidding on this property ever...

I'm considering buying a mixed use property which is a very interesting place.
To begin with, the building is vacant and although the seller can finance it himself, I am only looking at the option to buy through a FHA...

Hello,Working on obtaining my first REI deal. My overall end goal is to invest through buy and hold/flipping deals, but to start out I am venturing into wholesaling. Around my neighborhood there are about 2-3 properti...

Hey everyone! I'm not sure if this is even possible, but if we purchase this property, we want to re-do the kitchens and update them. The problem, is that many deals for appliances come with a range, fridge, microwave...

Hey, everyone...this is related to the post I just created, "1st Flip Finally Finished!"So, I was excited to get 2 showings in one day, right? But upon getting feedback from the buyer's agents, basically they really l...

Hi BP! I am currently looking for small multi-family units around the Tacoma WA area and I keep running across listings with several houses on a single parcel. I can see some downside in purchasing these (vs. a single...