So, I’m still in the researching phase of my wholesale journey. I bought a book and a host of DVDs from @MarkFlipsHouses (on instagram) and one thing he mentions a lot is not needing any money or excellent credit to e...
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Hello all. I am wanting to leave my day job and replace it with a job that will give me good experience that can be applied to investing. What jobs would be good for a real estate investing noobie with no experience o...
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Hello, I've been reading a few posts regarding rehabbing and I've read that a few members on here do more than 20+ houses a year. Are local banks financing a large amount of houses at one time? I don't think the hard...
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Hey Everyone – I’ve been interning this summer at a private lender in the real estate space and have put together some of the tricky concepts that are commonly used. Thought I’d share five that I’ve come to understan...
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My wife and have just purchased our first two investment properties with traditional financing and capital. We will be looking at a large multi family unit this weekend but would need about 139,000 for the down paymen...
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I have been looking for the answer to this question on the board and can't pin it down. It appears (to my highly untrained eye) that equity gains do not appear in CoC ROI. Is this the case? If not, why?
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Hi, I am putting together a multi-family deal. I am planning to have part or all of the down payment provided by a private investor, which I will pay interest to, and refinance after a few years, once I add value,...
My wife and I have been living in our current house for the past 23 years which is fully paid for. We bought it in 93 for $300K with the taxes of $8K and now the taxes are almost $20K and the house is worth about $1M,...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Putnam.
Purchase price: $467,500
This is a little delayed posting as this project is coming close to complete, but I bou...
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Hi, BP friends:
Not sure if this topic has been discussed before or not. I always get questions by new private money lenders: do they have to be accredited investors to become a private money lender? I know that if y...