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Hi, BPersBy going through all the posts in the forum, I got the impression from some experts that it is dangerous to buy small (<100 units) MF deals in tertiary markets late in the RE cycle like now. Could someone ...
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What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
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I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
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Let's say I found a deal. Hard Money Lender is requesting 20% down and will finance 80% of purchase price and 100% of the rehab. When it comes to the 20%, I heard that the HML wants to always stay in the first positio...
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Hey all,So I’ve been looking around online in the downtown Detroit area. I’ve also searched the forums for conversations regarding Detroit and it seems that the most recent conversation is a couple months old. I’d lik...
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Hi,
Hope you are all doing well. I am posting on this forum for advise on marketing / selling a current real estate deal.
My partner and I recently bought a fix and flip property in Dallas, TX. We purchased it as o...
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Hi all! Still kind of new to all of this, so bear with me...My husband and I have a duplex (he had it built in '96) and it's nearly paid off ($38k left). Thing is, we're not seeing much (if any) return. Never have. To...
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Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
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Hi,My wife and I have been working on a plan to turn investment properties into assisted living homes in Colorado. She has been in this type of industry for a while as well as knows people that have turned properties ...
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Hello EveryoneMy name is Mark and I am an MBA student at SMU in Dallas. Two friends of mine from the program are interested in investing in rental properties and have a particular strategy in mind, but I want feedback...