Jonathan Schwartz
Minimum Spread for Flip
I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip. My question is if people would ...
Alan Nelson
Commercial cash-out refi possibilities?
Hi BP folks - With interest rates being low, it seems like a smart move to pursue a fixed rate cash-out refi on a commercial building that is in a suburb near Indianapolis. Would love feedback on whether I am in the ...
Alton Phouvong
How to analyze a speculative build deal?
Hi everybody! I'm currently looking at a deal that is most likely a tear down. Asking price is $175k. The land is assessed by the city at $185k. The house is valued at $75k. The subject property has an ARV of $350k. V...
Alan Nelson
Commercial cash-out refi possibilities?
Hi BP folks - With interest rates being low, it seems like a smart move to pursue a fixed rate cash-out refi on a commercial building that is in a suburb near Indianapolis. Would love feedback on whether I am in the ...
Nick Brogren
Purchasing from multiple inheritors - addressing title claims
Hi y'all - I've got a question for ya!I recently got a lead who claims that he is the last person on the deed to his grandmothers home. However, no paperwork was ever filed before or after her death (property is title...
Dyami Pike
Profits on first flip
My business partner and I are looking at getting a SFR to flip in Springfield, MO.we are trying to decide what a good amount of profit off our first flip would be. Obviously we want the deal to be a home run and make ...
Philip Kickert
Need help with percentage split with no or little money for deal.
I am new to investing and my wife and I were getting ready to buy our first investment this year. Unfortunately I lost my job last mont before we could get started. Plans had to change but I am still pursuing investme...
Account Closed
Selling a Duplex with Tenants Inside
So here is the situation.I'm working with an owner who lives out of state. His family (sister and her family) lives in this Duplex in Highland park CA. The owner wants to sell the property and called me today saying h...
Derrick Fisher
Advice on Financing Options
I own a 6 unit apartment building that generates almost 6k per month in rent. When I purchased the building I got a commercial loan and formed an LLC to place the business under. The first 3 years of ownership I oper...
Lamont Carter
Untapped Investment Resources & Rehab Project
Hi My name is Lamont Carter,I'm sure the questions in which I may pose are common and may seem a bit redundant, but I would sincerely appreciate the feedback and guidance. Thus far I have consumed several ideas of how...