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We just went under contract on our first investment property which we plan to flip. Its a large house in a nice neighborhood in need of some TLC. We're using an interest only loan with 25% down. In current market c...
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So, I need someone to help me clarify this. I'm getting blasted with this 90 day waiting period thing is apparently being put on hold until Sept. 2010
This is the latest email I got this morning:
[i] On Friday, ...
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My wife and I closed on the sale of our first flip this afternoon and are pleased with our first effort. We bought a 3/2 sfr at a courthouse auction for about 124,000 on April 11, had to file suit to evict the former...
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I’m a new investor from AZ seeking deals in the Indianapolis area. In speaking with an Indy private bank, they are cutting off “fix/flip” loans for any investors with less than 3 deals. Wondering if others are hearing...
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Scenario: We are partnered in a JV deal with a (personal) Private Money lender. This is a four house project - two houses have sold, one is to be finished at the end of November, and the final house in 45 days. We are...
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Besides looking at existing properties I've been researching modular/prefab build.
What I found so far, is that they are quicker and cheaper to build compared to conventional.
They also seem to be way more green!
...
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This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...
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So I may be over thinking this or maybe this actually does matter as much as I think it does, but I am in the process of getting my real estate salesperson license. I’m on track to be licensed next month and I’m curio...
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New BP member, just seeking out any advice on any investors doing their own construction or doing parts of the construction phase on their own. Any pros and cons, is it a waste of time? Of course everyone's projects a...
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I have this beautiful old victorian house. The exterior needs major work, the paint is peeling and given the age of the house I have to assume there is lead paint. So far my options seem to be:
1) Scrape old chips +...