Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
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Hi all, I am a mechanical contractor breaking into multifamily. I have done some remodel but I am bidding my first new construction project of 294 units. I would like to know what subcontractors typically ask for upon...
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Hello!I have been a broker in another state for over 12 years and I am gearing up to take the NC State Portion Exam. Can anyone suggest a course that is geared specifically for the NC State portion only? I was very ...
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Hi everyone,I am new to the site and looking to get into investing here in Calgary. I am looking to get into buy and hold using the BRRRR method and for now am focused on single family or duplex units. I am still a li...
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I’m looking to purchase my first investment property and am targeting SFRs or small multi-family. I don’t have the capital for the entire 20% down so I’m considering using a HELOC on my primary residence to fund a po...
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Hey BP! I need some help. I have been working with a local bank trying to do some creative financing on a 21 unit property. The problem is that most banks in my area have no idea about creative financing. I feel l...
I am going to preface this with I fully anticipate going in and talking to a real-estate attorney prior to committing to anything but I am hoping to gather ideas/questions to go into that meeting more prepared. I alwa...
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Hey All, New to the site and so far I really love it! Like others have said, there is a boat load of excellent information on here. I little about me, I am not married, 30, consultant, no debt, decent amount of saving...
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Hi everyone -- I'm two SFH's in on my REI journey and looking for more! Want to do some BRRRR but am a little confused on how the numbers work. Will this strategy not work when purchasing a property conventionally (...
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I own a property that has a triplex and a duplex on it. The bank only sees the property as a triplex. I rent 3 units out, have 1 AirBnb, and live in the last. My personal use portion is 63% of the total sq' of all 5 u...