I have a property in Cleveland Ohio that I purchased from a turnkey provider about 2 years ago that is leased for $875 a month. I am looking to sell it around $73k in order to deploy the equity in the property into so...
Hi, I currently have a fidelity IRA (2 different ones actually) and I'm looking to buy an investment property and would like to use my IRA money. I understand I can move my money into a self directed IRA and use those...
Hello all, I am excited to see how much information is on BP and the amount of people who are interested in giving tips and advice to newcomers like myself. I'm looking to get into investment properties for passive in...
I’ve found an ideal land deal for $300K in a prime location I’d like to buy and develop. I’d like to, in time, build 3 quadplexes on the land and rent out the units. I’m not selling any of them. However, I don’t qui...
Hi All
I am interested in purchasing my next multi-family in Indianapolis. I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager. I have done resear...
Hi Everyone,I was recommended to talk to ROI Turnkey Properties in Alabama and had a consultation call with them. They have properties in Birmingham, Huntsville, and Montgomery. I can't find too may reviews on that ...
Hello BP community. As a newbie in the fix and flip market, many lenders I have contacted are requiring interest up front and are capping at 80% acquisition. As such, I am looking for references for a reputable compan...
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
How do you handle RE agent commission while flipping? Do you pay while buying and selling again for buyer and seller agents? Is there a standard % for a sfr (if anyone is around DFW market) ?
Investment Info:
Single-family residence private money loan investment.
Purchase price: $41,000
Cash invested: $8,000
Sale price: $100,000
This was a perfect example of a B.R.R.R.R. project. The...