Hello BP, first post here. I am new to house flipping and have been doing tons and tons of research and I have a house I am trying to close In on. The house I am looking at is a hoarder house of a deceased lady being ...
Washington state is has banned smoking in public places. Now we have a large county attempting to ban smoking in private residences. While, I'm sure that smoking is bad for ones health. There are many other things ...
I'm looking into a home in Fl that is in flood zone AE, has anyone had any experience flipping a home in a flood zone? Do they sit on the market longer than flood zone X? Also will a hard money lender require me to ca...
BP Fam! I have a property with over $80K in equity. I would like to rehab the property. Rent it out and refinance. The mortgage balance is $26K (-/+). The rehab + landscaping = $65K (approximately) Would it be better ...
The plan my partner and I have is to use a wholesaler to find a distressed single family home with an owner who is willing to do seller financing. However, we will only consider a property if it is priced at 70% of th...
Quick question for everyone our out there. I am analyzing a possible purchase of two duplexes and the cash on cash return is around 4% when factoring the numbers from my private lender. The intention is to refinance t...
Hello BP Forum, Looking for a creative financing suggestion. for a 10 unit off market property, Seller agrees to carry note for 45% of the value. Does conventional lenders finance if seller carry the note for some po...
Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $85,000
Cash invested: $1
Purchase: $85,000 (plus $40,000 construction loan) using private money
Rehab: ...
In the How can a college student get started? discussion, the author asked "[w]hat would give the owner the security of knowing the transaction would be beneficial for both parties?" This got me to thinking. Can you g...
Hey all,
I am currently negotiating on a 5 plex and the owner is willing to carry back 25% of the purchase price as my down payment so I can remain liquid. The 25% would be amortized over 20 years with a 4 year ball...