Isiah Ferguson
First time going to a CPA
Hey, BP family. Yes I'm a newbie still learning the game and education myself. I've had 2 units for about 5 months now and it is now tax time. This is my first time doing business taxes and I want you guys opinion to ...
Patrice Johnson
Note investor Just starting out
Just trying to connect with other note investors . I'm new in the game and looking for someone to point me in the right directions. Any other not investors out there?
Samuel Olivas
Starting off with no-money / going into first deal with nothing down.
This is my first post on biggerpockets.com & I would like start by saying how useful all the free resources and information has been on here. I currently live & am looking to invest in Michigan. Ive always wan...
Felicia Dooley
What type of Hard Lending should I look for when buying Wholesale?
I have gotten some really great tips on Hard Money Lenders when looking for Wholesale investing. The problem I'm having is that a lot of Lender's want what they call "Skin in the game". They require a minimum of 20% i...
Tommy Daggett
Would you invest in this kind of property
A hypothetical situation being would you invest in a property with $56 dollars in cash flow and 1.57 ROI with Total Project Cost being $123,000 as your first investment? It is experience and as a new investor I feel l...
Tom Bud
Hard Money in Brooklyn, NY
Hi everyone ,I'm, a new member here at BP. I am a brand new investor about to do my first flip, and have little I can spend on the project, so I'm looking to borrow the full sales price (I believe this is possible?). ...
Blake Donald
Calling all investors (Newbie Questions when first starting out)
After much research I recently purchased my first home as a primary residence.FYI (Purchase Price - $132,500 Renovations - $ 34,000Appraised at $190,000 before renovationsI think I did a decent deal for my first time ...
Rich Hupper
Can someone Analyze my Deal
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
Derek G.
Financing of Property/Assemblage
How is land typically financed for a land development project? Interest only, investors, combined with a construction loan so the interest can be added to the construction loan, etc. Since the time to purchase land an...
Taron Jackson
General advice for funding
I'm interested in gaining some more insight on commercial real estate...Question: let's say we found a property and the asking price is $1,000,000. Let's also say we analyzed the numbers and it looks like a good deal ...