Hey BP,I am hoping to get some input from full time investors, specifically those who are very "hands-on" with your own investments. I currently have 12 units, with a SFH home and 2 lots under contract, in which we in...
Hey BP! I have been trolling this site for a little while now, learning and saving money. I now have an opportunity to start doing some deals with a partner. We are looking to do a few flips at least in the beginning ...
How do you guys apply for construction loans on BRRRR properties if you're limited on funds?I have about $30,000 for reserves and can only get bank approved for upto about $300,000. Does anyone have any suggestions o...
Hi everyone! First post to BP forums after learning from the sidelines the last few months.
Ok right to it. I haven’t seen or heard really of anyone mixing two types of financing on one deal. Is this common/ethical/...
HiI am about to purchase a land and wanted to build a house lot is approx 8000 sq ft and I think will build in budget of 300K including all construction, fees everything, may be 2000 or so sq ft. I was wondering how m...
I am interested in doing a fix and hold on a property, but I was told I'd have to get a renovation mortgage. It seems simple enough, but I've never done one before. What is the up- and downside?
I've been in contact with the owner of an expired listing. I will keep the story as brief as I can. The property was scheduled for the Upset Tax Sale in September. The results say it didn't sell. Before the sale, ...
hi everyone, need some suggestions. I am considering to buy a property, 5 acres with a crappy house on it. its best use will be subdivide or simple split of the lot, sell the lot or build multifamily on the land. it's...
I used investor money for the down payment, closing costs and interest payments. I got hard money loan in my name only and he provided the funds as well as his labor. I was silent partner but was the broker who sold i...
If you were to partner with a contractor how would you work the specifics? Would it be a good idea to put up cost of house if contractor throws in all labor costs? Split material expenses and split profit? Just loo...