As an REI that primarily buys in cash, would my opportunities be taken seriously if I used and commuicated my 30%-Rule assumption?I am looking at wholesaling some properties in a highly desireable area. However, when...
So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
Hey BP Folks,Was hoping I could get some advice on the below MHP deal that I just got under contract. I have not started the core due diligence yet, but from the surface and analyzing the preliminary numbers I have r...
Hey guys. Need your help here. I'm 22, and have been doing a little bit of wholesaling. I got my realtor license back in November, decided it wasn't for me in March after I got my first 2 wholesale deals. I closed bot...
I have two questions regarding a syndication I will start. If I hold the money for X years:- When do returns get paid, and by what priority?- If the final calculation on ROI is determined once the term is up, then the...
I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...
In the beginning... my childhood friend introduced me to Biggerpockets and the fire was lit inside me. I had huge aspirations to grow fast and big. I established an LLC and even started paying for a web address, but n...
Honest opinions on wholesaling and is it worthwhile? Been trying at it for a year now and it has yet to be proven as successful as they say. However I do currently have one property under contract which is in the pr...