I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
Hello Everyone,I recently formed a real estate LLC as a 50/50 partnership. We are looking to have credit cards as an option to:1) Fund an entire Flip2) Pay for materials for a FlipQuestions:1) Should we apply for card...
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
So I may have an opportunity to get a great deal on a house but it needs A LOT of work...I mean a lot, its been vacant for 20+ years. I am new to the REI industry and this would be my first flip. Anyone have any ad...
Would you rent your condominium or any property to a tenant who says upfront that they have no credit history but can show pay stubs that they could afford the rent? This is my first post here by the way. I appreciate...
Good afternoon. I am fairly new to the BiggerPockets community and real estate as a whole; I attended Than Merrill's workshop and got the motivation to try out wholesaling with my significant other/partner. We started...
Hello,I have not seen much in terms of case studies of $2M+Rehabs in the Bigger Pockets Forums so I wanted to contribute a little bit: My partner and I primarily organize joint ventures with developers on ground up co...
Have been offered an off market deal through a private money lender. The lender has offered us a property that another rehabber has defaulted on. The owner of the property is in jail and the lender plans on assigning ...
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...