I have an equity partner who basically wants to be the bank on my flips. I use all their cash, and they want a % of the profit. I find the houses, I'm the GC on all the work, I get the properties sold, my partner is...
Hey Everyone, Im looking at getting an investor for my next multi-family property and I am wondering 5-10 years down the road if I were to sell the property, does the Investor get a percentage of the amount the proper...
Hi folks, new to investing and living in Houston area (out skirts). I have been doing my research and running everything I can find through the BP calculators to analyze deals. Around Houston, the asking prices and ...
I am scheduled to close on a Trailer Park (All tenant owned homes) on April 1st. The current lender sort of threw a curve ball into the mix a week ago by changing the amortization from 20 years to 15 years. The cash f...
Excuse the ignorance BUT, I've been trying to find out what the 0%-.25% interest rates mean. I keep seeing these numbers being thrown around but have not seen anything giving me examples. Surely mortgage rates, consum...
Hi BP Community, I am currently in the process of trying to close on 2 Multi deals in SW Michigan, and am curious as to what type of financing terms you're seeing. I guess the question is, post the 150bp of emergency ...
How are people taking advantage of the low interests and the fed cut?
It seems quite possible if not a certainty that federal budget cuts in the near term could drastically reduce social welfare programs. Any opinions out there of what this might do to low income subsidized housing?
Here is an interesting article on the Fed rate cut. It shows how it could hurt housing.
http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html
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There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...