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 ...
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.
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 ...
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...
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...
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...
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...
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...
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 ...
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...