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I am running into some issues in getting a loan for an investment property with a Special Power of Attorney document that allows me to operate on my partner's behalf to get and secure property. My partner is a family...
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I'm an REI newbie and have been talking to several MF syndicators and have learned they mostly use IRR when promoting their offerings. I get conceptually how IRR differs from ROI, and I'm good with Excel and know how ...
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Hi folks! Twin cities area resident looking to delve into more real estate deals. Our goal is to work towards income replacement for my wife and I. As a result, we'd like to find properties that will provide us wit...
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Good morning everyone,Quick question on financial due diligence, we have an accepted offer on our first actual commercial property (8 units), the financials they sent looked good, but how do you guys verify what they ...
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Hi everyone,I'm relatively new to BP and hoping I can get some advice from experienced investors.For context, I am 34 years old and have a full-time career looking for ways to create passive income. My goal is to crea...
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In my hometown of Las vegas, I constantly see ads on craigslist for wholesale deals. I would love to ask the agent that's been helping me out to see if they are really deals, but they don't provide the address. They r...
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I am currently analyzing the purchase of a duplex for a buy and hold. It was listed at 289,000 and they accepted our offer at 281,000. There are two long term tenants in place (for the past 25 years). Current rent is ...
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We are nearing completion of our first rehab on what will be a rental property. We paid cash for the transaction and financed the reno with cash. Now, we need to cash-out so we can do it again! We are in Columbus, ...
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I understand there is a seasoning period for BRRRR method before you can refi when you use conventional funds to purchase the property... but what if I purchase and renovate using cash? Can I get a cash out mortgage a...
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Can you tell me what a flash cash is and how you get around the REO's rules on wholesaling?
"If its really a good deal, wholesale it. Yeah, its trickier with REOs, but you can do a double close or do flash cash or fi...