What is Hard Money & Why Would You Use it?A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives fu...
Hey everyone,
Always looking to learn more about real estate and would like to do any type of work that may involve anything real estate related. I work full time now Monday through Friday so that makes it a ...
Investment Info:Small multi-family (2-4 units) fix & flip investment in New Orleans.
Purchase price: $161,000 Cash invested: $10,000First investment was an owner/occupant duplex in New Orleans. Rented out ...
When I'm evaluating a sub-market, what are some good metrics to evaluate supply and demand for rental units? Where can I find that info?For example, I know that building permits are a proxy for future supply, but what...
Hello BiggerPockets, happy Sunday!So I joined last week and made my introduction. I was warmly welcomed into the community with positive and encouraging responses, which I thought was awesome.Many recommendations were...
Hey guys, I'm purchasing a 5 unit and just got the report back. There is a lot here and I wonder what is urgent and what can wait. This is my first property so I am a little nervous. The property is fully rented.
It ...
Let’s talk Return Metrics...There are four main return metrics in real estate deals: equity multiple,
average annual return (AAR), internal rate of return (IRR), and average
cash flow. In this post, I’ll start w...
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
At a recent BP MeetUp, I met an investor looking for private funds for a fix and flip. Here are the particulars:
ARV: $600k conservatively
Acquisition Cost: $300k (probate deal)
Rehab Cost: $150k. Will take approx 6...
I'm having trouble looking at properties. I don't plan to get mine for a while but I'd like to start look at properties so I know how to identify a deal so when I'm looking for my own property, I won't have a problem ...