I'm closing on my first investment property next week and am having 2nd thoughts about my strategy moving forward. I was planning to use this property as a rental but am considering flipping it instead. I took out a c...
I’m looking for any advice on beginning wholesaling? I’ve been doing a lot of research and trying to figure out the best way to go about finding sellers.
What is flipping houses?
Let’s start with the basics to make sure we are on the same page about what “house flipping” is.
Essentially “house flipping” or “flipping houses” means you are buying a house and selling ...
I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
Looking for guidance in Wholesaling What are few things that I need to get to work on and focus on to the point I'am doing deals?
I've been a Loan Officer for 10yrs and was pitched by several buddies to look into wholesale land flipping. I didn't pursue because the real estate market was good and rates were at an all time low. As rates rose and ...
We have been financing properties and getting involved a little bit with the buying and rehab process, but our contractor is the main on that (Finding, buying, rehabbing and selling). We have been doing a 50/50 spli...
Dear BPers:Happy New Year!I learn a LOT from these forums. Thank you for sharing!This question is about long term investment.
If you have $100,000 cash. You can use that money to do 3 things:
Option 1 - Buy a ...
I'm reading David Greene's book, and I'm sure he eventually answers this question, but the way that he's explained it so far is that you pay cash for the house upfront. Is there no way around this when doing BRRRR?
Can someone explain the refinance portion of the BRRRR strategy and how it allows you to (ideally) gain back all the cash you initially put into property while still maintaining equity? Examples or personal stories wi...