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In the last 3yrs, I have loaned a couple some money that has totaled approx $15,000. This includes cash and items charges to my credit card on their behalf. Yes, we have a contract and I keep the receipts. As we appro...
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Buying a property direct from the seller. Currently she has two of her family members occupying the home, both with mental disabilities.
So we came to terms on numbers and pricing. Originally the plan was for us t...
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Hey All,
New to BP here. Started last year with 3 SFH that I essentially wholesaled for a profit. I'm now working on a deal that's mixed-use. 5 apartments, 1 commercial office under one roof.
X - Met with the realt...
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Hi Everyone,
I'm inheriting a 2 family home that has been recently gutted. The house will need new interior everything - plumbing, electrical, kitchen, bathroom, walls, etc. It is a big project and I am nervous as I...
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Hey there,Long story short, I purchased a triplex in Mount Dora, FL. Unit 1 has its own meters, Unit 2/2.5 do not. I didn't realize the third unit had not been permitted and is in R-2, not R-3. Dumb mistake. Someone r...
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I am new to real estate investing. I have about $4400 in savings but realy don't want to use it. I have been looking around my area for a few weeks trying to get a feel for what's available for possible homes that I...
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Hey everyone! So I’m finding myself unable to wrap my head around a certain aspect of Hard Money Lending as I go through my first deal.I’m currently using an online HML provider, LimaOne, and received “Fix n’ Flip” fu...
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Ok this one might be hard to explain...I want to either refinance my paid off SFR or get a HELOC so I can buy a rental property. So far I have determined that my rate at least for a refinance will be about 5.25 for lo...
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Hi BP Community,
I'm analyzing a my first CRE deal and I've built out a very dynamic model in order to run CF projections. The total build will be roughly $4 million (Equity = $900k and Debt = $3.1mil). The end goal ...
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Hello BiggerPockets community!I'm new to real estate and have recently become interested in wholesaling as a way to get started. I’ve been researching a lot about the basics, but I know there’s so much more to learn, ...