Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.
Question...
If you can do an owner finance deal for a buy and hold property with 5% down and an 8.5% interest rate, is that reasonable or is that rate too high? I am hearing that in this situation it is a fair rate but i want to...
How would I, or should I, structure a deal to involve no money down? I am the buyer in this situation.
Example:
ARV = 130k
Rehab needed = 15k
Purchase price = 80k
Current/As-is value = 96k
The seller has said ...
Hello,I went to see a duplex in Cleveland ohio today and it was very nice. I spoke with the agent and she said the seller is having a little trouble with the downstairs tenant, but they will be moving out soon. I will...
I will be retaking the SAFE MLO exam within the next 2 weeks. However, are rising rates a pause for concern given the available housing inventory and inflationary environment? Stated differently, as a new and inexperi...
I am getting my RE license in a few weeks and want to get an advice on how do I go by finding a broker to hold my license. I want to work PT and take advantage of any training that can be provided. But don't want to ...
Hey BP, I'm in a position where I'm considering to lease to own my property and I'm looking to you for some help. This home has been a rental for years and I recently decided to list it on the MLS. I didn't expect t...
As a real estate investor looking for a great deal on the MLS, what is the best form of funding once i find one if you currently don't have much capital to work with or to put down? Also, do you suggest wholesaling or...
Has anyone dealt with a situation in which one partner cannot secure credit funding or be approved for a loan? Just wondering how you guys thought to process this. My thinking is that we do a promissory note by the pa...
Hi BP community,
I just wanted to share that I recently closed on my first turnkey deal with Rent to Retirement in Illinois. I am busy in a full-time job in Boston and wanted to work with someone trustworthy to get s...