Tavish File
Nees help Understanding sweet equity seller financing option
We have been proposed a deal where we would renovate the sellers duplex from a 2 to a 4 and while doing that, our sweat equity would earn our down payment To purchase the property through them. Has anyone ever done a ...
Thomas Delacruz
I’m considering doing a 203k in Texas
Hello bigger pockets! All of you are awesome and I’m so happy to be here! I’m looking for advice on my first investment and I think going down the 203k route is up my avenue.I’m a licensed electrician in Austin, TX an...
John Mullen
Update on my first BRRRR!
Investment Info:
Single-family residence buy & hold investment in Columbus.
Purchase price: $155,000
Cash invested: $80,000
Contributors:
Mike Pauze
Reappraised May 2023 for $...
Jimmy Vasquez
Foreclosure --> Renovate--> House Hack--> Airbnb--> Repeat!!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $139,000
Cash invested: $25,000
Sale price: $290,000
Bought as a foreclosure without a real estate agent. House nee...
Dan Kim
Searching for lending partners in the area
Hi. I'm looking to find private lenders in the area and was trying to see what may be the best way to go about doing that? The "sweat equity" will come from me finding fix and flip deals and working with a team I've a...
Lou Nicks
What is a mini-mortgage in a STR partnership?
Can someone please explain to me what a mini-mortgage is and how it works when you have a partnership on a STR and one person is the “Money” and the other is the “Sweat equity partner?” How does the sweat equity partn...
Kyle Gregg
what is the true definition of "Sweat Equity" with a 203k loan?
Ive done research regarding the 203k loan and all ive read is that "the 203k loan prohibits sweat equity"...what are the limits to whats considered "sweat equity"? Research states that if i want to put in some sweat e...
Javier Rodriguez
Looking for insight on how to split rental prop, cash vs sweat?
Here's the scenario...our out of state partners are purchasing a rental and funding the rehab with cash. My wife and I are providing all the sweat equity from cradle to grave including property management. Any thoug...
Nathan Carlson
Turn-key rental: 4 yr hold, $33k & sweat invested, $135k return.
Investment Info:
Single-family residence buy & hold investment in Chattanooga.
Purchase price: $201,000
Cash invested: $33,000
Sale price: $308,000
$20k, live-in renovation (full paint, refin...
Brett Mach
"mini mortgage" in partner structure?
Reading Avery Carl's recent STR book and came across a partnership structure I'd like to hear more about in ch. 3, if anyone has details or experience. It could be for any strategy--not just STR...
There's a money pa...