Hi all,
After months of lurking, reading, and researching, my fiancée and I finally have an accepted offer on a triplex. We are going FHA with a 203k loan. The property has had a recent renovation on two of the units...
Builders: Is there a particular percentage of the ARV or other rule of thumb that you rely on to calculate what you can pay for a developed (or
undeveloped) lot?
I know that HML is a lose term, but I'd define it as loaning money for interest plus points once a deal has been verified. It seems like I could make a lot more as a professional JV, partnering in the profits 50/50 an...
In the "inland empire" CA it appears that the buying depression is over,, I am making an offer on a 3/2 house in my hood and the first day it was listed (yesterday) the front of the house looks like the disneyland pa...
Tenant has extenuating circumstance and unable to pay rent for next 2 months (I already served him with 3 day pay or quit). He suggested a promissory note which forfeits his security deposit as a short term bridge pa...
I've seen a few local Minnesota meetups prohibiting certain people from coming. Most of the time agents, brokers or lenders hosting meetups and prohibiting others in the same profession from coming.If you're hosting a...
Ok,
SO I have a freind that calls me and wants me to fly to Detroit to Invest..
Here's the deal he has 20-30 properties that we can buy for 15K fix for another 30 K
We will be Rehabbed at 45K
These rent for $900...
As I hear day after day about rising prices and the biggest jump in real estate price indeces since 2006, I wonder how much of the measured increase is not actually due to an improvement in the market, but due to p...
Hey BP community, I have a situation that I am looking for a solution to or advice on. I live in Philadelphia, PA and have a relationship with an acquaintance whom is willing to fund investment property deals whether ...