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Hello again BP Community! I have another question about JV partnering with my brother. He has no time but has money. I have some time and no money. The idea is that he will 100% fund the acquisition of buy and hol...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $255,000
Cash invested: $100
Sale price: $260,000
How did you find this deal and how did you negotiate it?
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I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
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I am wondering what a good profit split would be for one individual being the investor and the other individual doing all of the manual work. The investor will pay for 100% of the house and renovations for the house t...
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What are you doing today to better your business? I've got a list of 10 banks im calling today to try to get a line of credit on a leveraged rental property! interested to hear what others are doing!
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Hello all.
I have been in the mortgage business for 5 years now. About a year ago we had a lead source in Mass and about 9/10 apps we took could not qualify for a mortgage due to negative equity mostly. It got very...
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I seen this question posted many times and since im new here I figured I would add to the value in the group. To find a good deal you must understand your market, which means you need to find a distressed property. Fi...
Is it possible to find a co-op that allows a 10% down payment? Especially in the Yonkers/White Plains area. I understand there will be mortgage insurance attached to my payments which is no problem.The way I see it is...
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Hello! My wife and I have been looking into options into buying a house for one of our two, sons that have autism. He will be 18 soon and would like to start getting pieces into motion and explore our options. Any rec...
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Hi there BP Carebears,I'm a first time homebuyer looking to buy in the Brooklyn/NYC area. Obviously the possible deep discounts offered by short sales are appealing in such an expensive market. Though I have read allo...