Marc M.
Advice on creative financing / mortgage refi within 2 - 3 years
Hello,
I'm looking at a group of 4 SFR's that have been on the market for over a year for $600K. The seller inherited these properties from a family member who passed away and he is motivated to cash out. We discusse...
Matt C.
Owner Financing 101, so I can understand the Dodd Frank threads
I have been reading the many Dodd Frank threads here on BP. Opinions seem to vary dramatically about the impact it will have. I have an interest in owner financing, etc. so I am eager to understand the new regula...
Jade S.
Commercial Retail Space - Restaurant Tenant
Got a question for the commercial RE BPers in here. I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national cr...
Kim H.
Am I paying too much?
I just signed a contract on my first multi family in the DFW area. Good location, 9 units, $1100 per month rent (actually on the low end for the area, which averages $1250). No vacancies. Sales price is $450k. Hav...
Mike Rodack
First Time Flip - Trial By Fire Gut Rehab
We're considering attempting a flip of a REO with fire damage. Water damage too since the roof is open and has been for sometime. We assume a complete gut of the 2nd floor, the attic/3rd and full roof replacement.We a...
Josiah Halverson
How much can I expect to pay for general contractors?
How much can I expect to pay for general contractors?
Let's say that prior to making an offer to buy a rehab, I hire contractor A to do an initial walk-through with me and come up with a detailed improvement ...
Allan Gibson
Choosing a solo 401K provider
I am in the process of choosing a Solo 401K provider (for lack of a better term) Costs range from $500 to $1500 for initial set up and $125 to $200 per year to maintain the account each year. Has anyone experienced ...
Nathan M kiefer
Tp or not tp
We have been getting people complaining that we only leave 1 full roll of toilet paper on each of our bathroom toilet paper holders. We also leave one roll of paper towel and we have 4 bathrooms so there is 4 rolls an...
Mason V.
What is the point of hard money if you need a downpayment for it?
I have talked to three hard money lenders today and each wanted 20%-40% down for a rehab. I understand the idea of having skin in the game. But, If I am going to be putting that much down I might as well just get an F...
Daniel Cruz
Busy Noobie Would Like to Invest - No really I am busy...
Hi All,
My name is Daniel Cruz and I am a super noob and would like to get into real estate investing.
I have worked in the nuclear electrical generation industry since 1991 (6 years Navy Nuc Pwr prior to 1991 – sub...