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So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...
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I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
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Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
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I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
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Alright, so this is my situation:
I have a team of contractors that are ready to roll as soon as possible. I've got a project manager in place (because I can only dedicate part time hours to the actual rehabbing p...
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What single piece of advice would you give to a newbie to share the hind sight you've no doubt experienced by this point. Knowing what you know now, what would you have done?
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I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
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Please if you like to share, pretty please with a cherry on the top, do so only if you personally or your operations reflect this question, thank you:
"I know we all here share plenty of advice to stay away from cert...
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Hi BP,what are your thoughts about saving money until the next crash to buy real estate?is that the wrong answer? because of its undetermined time?would it be wise to invest part of the money i have in real estate but...
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Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!