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I have a meeting set up with a friend of a friend who is interested in lending me some money for cash to close on my first quick fix and flip. I have done one fix and hold and one live-in longer term fix and flip. I h...
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Question - what would you say is the best way to go about this situation.
Long story short -
Me - Have cash, commission job, can't loan qualify
Partner - Has no cash, Salary Job, can qualify us fo...
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I was recently taken back at thanksgiving when 2 family members approached me about my RE Investments.
Them- "so did you buy that other property?"
me- "yep."
Them- " well, you know, if you're ever looking for invest...
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Hi BP and Friends,
I realized that after acquiring my first 4-Units investment, there is a big setback financially. This is because the conventional bank required that I put down 25%. It is pretty much all I’...
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I have seen a few threads on this but haven't really seen much concrete information. I have a GC that has built multiple houses for me personally to live in. He is a solid person and we are going to start working some...
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When someone engages in a seller financing transaction, what are the standard stipulations? Loan term? Balloon payment? Interest? What about taxes? Does the owner continue to pay property taxes? I am looking at ...
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We occasionally come across properties that need little to no work that we would like to keep as rentals. We are buying at a discount but when talking to DSCR lenders all want a 20% percent down payment even if the p...
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Hello BP. I am new to real estate investing, but hoping to start by generating some cash flow this year in order to supplement my current income. I am open to areas and ideas, but leaning towards multifamily for now...
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Hi BP, I'm looking to connect with some folks that have experience with, or are interested in, investing in syndications. Specifically, I'm hoping to discuss where others are finding syndication deals to invest in, wh...
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Hi BP Nation. It's been a while since I've posted something here. I know a lot of you wants to flip houses given the popularity of fix-n-flip shows. SO for those of you beginners who don't have much cash and you want ...