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I've been on BP for a number of years, mostly in the shadows learning and focusing on my career. I'm in a position now where I've saved enough for a down payment (and then some), and have officially started looking at...
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What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning th...
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This is a property I purchased recently that I am beginning rehab on. I am just curious everyone’s thoughts on these stairs? Is there a better route to go than to re pour them in concrete? Brick/rock wall runs the e...
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Hi,Since this is where I first learned about investing in real estate I thought i'd come here first. My partner and I own land outright that is zoned for a single-family home in a new community. We are looking for a l...
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I’m in the middle of completing construction documents and wanted some input regarding capital planning before reaching out to lenders again. Preliminary history: Land originally bought vacant and with no entitlements...
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One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $365,000
Cash invested: $73,000
What made you interested in investing in this type of deal?
This was our...
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If you have $3 million in equity on two properties and your trying to acquire another property, how do you best position yourself?
Our funds are tied up and will be available for full purchase in ...
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What exactly does it mean if you buy the right contained in a Sheriff's Deed?
If the property owner were to redeem, do you get the amount from the Sheriff's Auction?
What is involved with completing the...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Kansas City.
Purchase price: $420,000
Cash invested: $100,000
Contributors:
Ben Steelman
7 Condos in an 18 ...