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Hello BP,I'm currently trying to find/ set up my first BRRRR deal and need a bit of guidance. Although I will be putting some of my own money down on the deal, the majority of the deal will be funded by investors. I h...
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This month we have seen an incredible amount of potential deal flow come across our desk, but based on the bid results, a lot of trades are still not trading. We are seeing performing loans (Scratch and Dent) with a W...
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My current residence has a mortgage that costs ~1,100 per month, I can rent the property for a minimum of 2,000 possibly 2,200. Should I rent this out and get a new property or should I sell and cash out ~80-90k?
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Let's say if I have a 100 unit multi-family building and I'm partnering with 4 or 5 investors who is helping fund the deal. When it comes to repairs that need to be done to the building, is the money to make the repai...
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I am under contract to purchase a new primary and using private money for 80% of the purchase price. I've been kicking around the idea of applying for a HELOC immediately after closing instead of waiting 6 months for...
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Hi, I am currently a freshman in college and have decided that I want pursue a career in real estate. I'm already minoring in real estate but still need to declare my major. I have thought of either studying communica...
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I am looking to expand my portfolio, but am short on funds and want to start using other peoples money. Where/who can I go to for down payment and reserves to qualify for hard money and DSCR loans. And once financing ...
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Just purchased a old building that use to be a apartment complex that had 9 units of 2 bedroom apartments. Needs completely gutted and redone into apartment complex's. This would be a major project for me as in th...
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I have been racking my brain, and spinning my wheels with this hard money lender. After plopping down a $2K investment, I have submitted various deals to them. None so far have worked. I have been told that if I am ab...
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Unique deal, mixed residential (6 units) commercial (2 units). Would cash flow about $9300/year after all expenses, with $85k all in.
This property is in a town of 3000 people, so very small population. All units cur...