Paul Mossbarger
borrowing money from private lender for a flip
I am going to borrow money from a friend who is interesting in making some money with me on my second flip. I wont be borrowing much from him but im not sure how much he should make when the house sell. should i do ...
Jennifer Nguyen
Best way to partner with someone?
I'm new to investing and looking to partner with someone who has experience. If i can offer value by
having the funds, what's the best and fairest way to structure a deal with a partner?
Genny Li
Early mistakes and early wins
I flipped my own house with a REALLY massive remodel (even changed layout and added a third floor) in 2008 and cleared $50k on that after the crash. I've been on the verge of investing in rentals several times since ...
Benito Pruneda
Refinancing to build new construction and rent it out.
If i was to refinance my home for 100k and build me a new construction for 80k and rent it out for $1200 and refinance the new construction for 100k and build another new construction for 80k and rent it out againg fo...
Shad Sikes
Help After Investors Backed out while in contract
Hey Guys & Gals! My business partner and I finally got our first property in contract in Phoenix, Arizona. We are planning to BRRRR the property and lined up a few investors to fund a portion of the property/renov...
Stuart M.
A look at the south florida flip market/competition
I was looking at comps for a property and stumbled upon a flip. Same neighborhood, same house.The other house was bought for 145k, 1248sqft single story on slab 3/2 with carport. Installed all new tile throughout, r...
Kristina Jensen
Does a gut-job ever trigger a Due On Sale clause?
Scenario:You buy an owner occupied property, then immediately start a full gut job renovation. Depending on permitting delays, labor/material shortage, COVID related delays, inspections, actual work conducted, etc., ...
Doug Smith
Fed Rate Increases and Our Industry
This is more of a rant and personal opinion to hear what others in the know think. Yes, I get inflation has been out of control, but what is the real cause of our current inflationary trend. The Federal Reserve has de...
Thea Linkfield
First Purchase - Windows or no?
I'm currently under contract for my first real estate purchase! It's a concrete block single family house built in 1960, with 3 bedrooms/1.5 baths. My plan is to move in, and live through a renovation. I might not be ...
Anita Ahuja
Turning a flip into a rental
Hi BP members! Happy holidays to you all.I’d like some advice on a flip I financed in central Phoenix . Basically I’m 127k into the finished flip. The labor partner ( guys who did the flip) are in about 10k, the rest ...