Daniel Dietz
Using Partner to Qualify for Loans/DTI?
Hello,So far, we (3 way partnership/LLC) have bought all of our properties using cash from our SDIRAs, or commercial blanket loans with 20% down, and a few non recourse loans using SOLO401Ks. These are all for long te...
Tiffany Spann
Are two hard money loans possible for one property?
Is it possible to get two hard money loans for a property that is being flipped? One loan for the house, the other loan for renovations.
Rad Kunnath
Investing with After-tax or Pre-Tax Dollars ?
Dear All,Of late, I was thinking should I convert my Solo 401K trust(Pre-tax) to Roth IRA (Post-tax : 25%) and then use that money to invest in real estate. I did some basic calculations and found that I tend to gain ...
Luc Labelle
Raising Capital
Hello, I am doing a rehab very soon in Fords NJ. My partners and I have the property under contract now for $175,000. The estimated renovation budget is $60,000. My partner is obtaining a mortgage for the property, as...
Nick Paquet
West side Grand Rapids
Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $175,000
Cash invested: $2,000
What made you interested in investing in this type of deal?
...
Cynthia Miller
Assignment in detroit good spread
Hi everyone im not sure if. Its ok to post deals here. I ran across a big 2 story brick in detroit near grand river and west outer. I havent considered doing a flip in detroit but comps looked good and i have it unde...
Taelonn Harper
What Financing Are You Using To Scale?
What kind of financing have you folks used to purchase property? I have used cash and Hard money, but I've recently got a line of credit.
I recently opened a business line of credit that I will collaborate with ha...
Matt Cupp
Fair Private Money Terms
Purchase price is $83,400. Rehab is $8,600Total investment is $91,000.ARV is $115,000 - $120,000Would clear $111,000 - $116,000Profit between $20,000 - $25,000Turn time should be 90 days closed. I have 50% and borrowi...
Spencer Rafii
Identifying Hot Areas of the Denver Metro
Hello Bp Community and the Denver Investor Network,
The market has been very strong and finding the next hot area is always on everyones mind. I have come across a ton of resources for choosing a neighborhood within ...
DJ Cummins
4plex deal analysis help
Happy Friday Eve Everyone!
Tell me how this one looks. Do you think I should try and offer lower than the 95k asking price? Obviously I was planning on offering a bit less, but not sure if the numbers would require...