I am starting out in flipping homes. My wife and I are a real estate team currently and we are excited to make this next move. What are our options for obtaining financing for flips if we are operating under an LLC? ...
My question is a simple one, however, I am getting a different answer from different mortgage brokers in my area. When using the BRRRR strategy, when you rent the property and refinance the property, will you be able...
Hi BP community, I have been wholesaling for one month and am eager to closing on my first deal. I like the possibilities of creating through real estate through so many methods and allowance for financial freedom. En...
I have a multifamily in ft Lauderdale, FL deal but im running the numbers and I want to make sure im using the correct percentage in the calculator for Capex and vacancy. Also, how do I find out what the cap rate is f...
Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan. They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022. Due to this, they ...
What are the best metrics to evaluate a property's success? ROA? ROI? ROE? If so, what is considered good?I'm running numbers on a perspective investment and I thought that >20% ROI would be considered highly succ...
Can someone provide a brief outline of a typical structure for deals where one experienced managing partner puts together a deal and takes on a number of investor partners?I ask because I came across a firm offering d...
Hello builders out in BP land.Those who have read many of my posts here on BP will note that sustainability and energy efficiency are core to our real estate business plan. We began by purchasing older (as in Second ...
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
Hello, I live in Apsion, TN (Just east of Chattanooga). I have about 800 sq ft of unfinished basement. I am planning to get it finished. My question is do I need to get AC/Heating installed as well for the basement ...