Primarily, I've heard about BRRRR being done with hard money. Is there a downside on doing this with traditional bank financing? How about seller financing?
Hi BP community and friends! Closed on my first rental and now in rehab mode. Seller painted walls grey, doors and trim white. The kitchen cabinets are the old brown color. I'm painting cabinets white and plan on usin...
Hey Guys,
I came across a $5mill MFH seller finance deal - 75%.
I would like to get 10-15% covered in some sort of Jr Debt.
What are common strategies used here?I see a problem just with the lien being in 2nd posit...
A few years ago I lived in very nice duplex that was newly constructed. The owners had several of these properties, and had stained concrete floors in all of them. Just wondering about the cost compared to other flo...
Hello Again!After a few months of research and webinars I am comfortable in the REI knowledge I have amassed. I am now looking to learn first hand and gain real life experience in the process of REI from an investor o...
Hello all, I am considering buying a house at auction and moving to the Birmingham area, is there anyone out there that could let me know if the 2500 block of 29th St in Ensley is a good area or not? Thank-you
Eric
I've found an REO that looks promising. But I found out it's in flood zone AE. I was told that it would cost me $300-$600/year for flood insurance, so let's say that's an extra $50/month,
Would you still pursue this...
Hello,I'm looking at putting together my first project - a multifamily in Houston. I ran the numbers and came up with a 17% IRR and a 7% cap rate over a 20 year horizon. I'm trying to understand whether this project i...
I have several long term rentals in the area and I’m trying to determine if it’d be worth it to convert these to short term rentals instead. I have looked at AirDna but I’m not real comfortable with the data (especial...
Buying out of state properties and I realize that having an LLC would make my operation look a ton more professional. I had an LLC once but felt like I was overpaying for the service that they were providing. Anyone h...