Great day BP family,I haven’t been actively contributing to the site for the past six months or so because I have been managing and participating in my first rental rehab. I would like to share some of my learning exp...
I can see the benefits of real estate investing and want to learn how to explain this to my spouse. How do I go about making this a great tool to lead to financial independence? My spouse sees the cash flow coming in ...
Hi Everyone, I have an opportunity to purchase what looks like a really good deal on a 12 unit apartment building and would like some advice on the best way to purchase it. I am planning on a long term hold for this p...
I am part-owner of a construction company in Oregon, so we will be doing this project ourselves. Made an offer on a property that needs a full re-hab. Purchase price is $90k. ARV is approx. $310k. Seeking loan amount ...
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Hello BP community, So let’s dive in, here is a little about me, I have done a couple SFR before in the past but what I really want is to do is large Multi-Family, there is this 40 unit apartment complex in one of my ...
I have a chance to barrow $20,000 from a loan club. What I would like to do is use it along with a Hard Money Loan as the 10% I need (example Hard money lender does 85 or 90%%)Will this work is it a good idea...??Than...
Here's the situation. I own (through an LLC) a three unit rental building in Jersey City, NJ. The building is now (as of 7/1) completely rented. Neither the building or the LLC is carrying any debt. I am looking t...
I’m a newly licensed real estate agent and investor here in the triangle with access to the MLS looking to network with a team of local investors, wholesalers, contractors, and inspectors to get the best advice on wha...
Once upon a time, I ventured into the realm of real estate with boundless enthusiasm and unwavering determination. In the beginning, it seemed like the stars had aligned in my favor. With over six transactions under m...