So I found my next deal, it's a SFR in a up coming neigborhood in miami. The home is listed at 80 k and needs 40k in renovation. The home is not financable through a bank due to a missing kitchen and toilets. Arv is...
Investment Info:Retail commercial investment investment.
Purchase price: $450,000 Cash invested: $90,000We purchased the NAPA auto parts business and will soon purchase the store from the same person. We put $...
How much cash reserve should I have for maintenance and maintaining each rental property
Hello,
Just joined Bigger Pockets last week after having been a regular podcast listener for several months. I'm not new to REI but have been out of the game for quite a while. My background is in low-incom...
When someone identifies a house that is either foreclosed on or in threat of being foreclosed on, buys that house, then turns right around and sells the home to a flipper for a small, but quick profit, say $5000?
If...
Hello, my name is Kacper and am 22 years old looking to BRRRR my first property. For the rehab process I have 50% saved up and want to use my 0% APR credit cards for the other 50%. I was wondering if that would affect...
-- Can you be gifted money for a downpayment in an FHA?
-- Can a friend gift me the money or only family?
Is it smart as a beginner without large amounts of capital to open up/use a business credit to fund a portion of a deal? Anybody do something similar to this?
Hello BP,Thank you for your rich community and member content. I have been casually reading BP for years, however, with the advent of the podcasts, which I greatly enjoy, I have opted to invest more time daily reading...
I recently bought 3 properties at auction, and have started the rehab process. All 3 will be a flip strategy. I also have a opportunity to purchase a buy and hold property that will net a 21.5% cap rate. My strateg...