I was just listening to the latest podcast and was intrigued to hear the guest sometimes did bigger syndications and actually didn't put money in. They got 15-20% of the deal just for putting it together and running ...
I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
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I am trying to find renters for a duplex in Orlando FL and having a hard time finding someone who meets criteria of a credit score >660 and income 3X rent ($45k/yr). Do you accept roomates who (together) meet the i...
Hey BiggerPockets,I'm looking for a really good bank for Commercial Lines of Credit:-Longer term Line of Credit (10 years ARM, at least 20 Year Amortized) -$250-500K range per property/line-Rates mid 5% range-Up to $1...
Hi there BP community!I'm a RE newbie, after watching HGTV's Flip or Flop, I can't wait to get my feet wet flipping a property of two. Is a small war chest of $100k capital possible to get started?Has anyone here done...
Hello Folks, I'm Josh and I like jazz music, romantic dinners, and long walks on the beach. In reality I'm brand new to real estate in every way and currently unemployed!!Before I left my job this last month my wife a...
Hello BP community,
I am excited to share that my spouse has secured a job in Orlando, FL, and we are considering obtaining a conventional loan for a 2/2 single-family home or condo instead of renting, with the inte...
Hello, my name is Max Dicce, I'm looking to get into the real estate world! Particularly rental properties. I'm currently in Gainesville Fl and will be moving to the Tampa area within next year. Just looking for some ...
We are looking to start a rental investment business and we're currently doing all of the reading and learning that we can get our hands on. Our first property will most likely be an STR in Aruba. Could anyone give ...
Hello everybody! My name is Frank Szymanski and I currently reside in Pensacola, FL. I am a relatively new college grad working as a mechanical engineer for about 2 years now. I enjoy my job/career and plan to continu...