Hi everyone, I've been very hesitant for my first post, but here goes. I'm a retired contractor with 30 years experience and want to get into real estate investing/house flipping. When I say I'm hesitant, it's because...
BP Nation,I keep reading again and again how important DSCR Loan Brokers are, but have been unable to find one by searching. How can I find one - I'm in Colorado but know there are many national DSCR lenders. The 4 un...
Good evening BP!
One of the critical, and oftentimes elusive relationships in multifamily investing and deal syndication is the capital investor/LP. The Sponsor/GP has the option of fundraising from family and friend...
Ok, so I started on here 2.5 years ago because I HATED earning 0.25 percent at the banks. I saved quite a bit and was too scared to invest much in the market.After getting on BP, Got together a friend so we could spli...
It seems the longer we live the more regulation we see. It's true in everything and real estate is no exception; Dodd-Frank, S.A.F.E. Act, Finance Reform Act, Your State's Property Code, Truth In Lending, R.E.S.P.A...
I'm interested in purchasing a 4 unit MFH with FHA financing and I'm trying to figure what targets are reasonable in terms of:Cap RateCash ROITotal ROIThings seem to be quite expensive and negative cash ROI and 6% cap...
Good Day!My wife and I keep getting the itch to buy a VRBO'able vacation condo, preferably on the Gulf coast. (MUST BE Ocean front or nothing) We already own 34 units here in our own town of Waterville Maine, but we p...
Hi BP Network,I've been on this site for awhile now, done a ton of reading, and am finally ready to jump in to the real estate world. One of the biggest pointers I keep seeing is to find and work with a mentor. I'm pr...
So I'm just starting out attempting wholesaling and I'm going to attempt mailers to a variety of property owners and I have a couple questions. First up, I intend to mail to substitute trustees and people who are near...