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I am just starting out in the wholesale business and have yet to actually close a deal. I have been reading success and failure stories and I want to make sure that I've done my homework before I actually commit to pu...
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Hello,
Looking to get feedback on anything I missed with this hypothetical analysis using the 50% rule:
1. Purchase price = 100k
2. Downpayment = 20k
3. Closing Costs = 5k
4. Income (Rent) = 12k / year
5. Expens...
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Hi Everyone, long time listener, first time caller. Apologies if this is in the wrong forum.
I purchased my first two properties in October of this year and things are going well so far. My goal is to purchase more p...
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Hello,
Having listened to the BP podcast for 3 years, my wife and I decided to purchase our first property in January 2022. The property is mixed zoned with 3,700 sq ft. The building is split into two equal halves a...
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Hey, BiggerPockets members!My name is Grant, I have recently been studying real estate and planning for my first deal once I'm out of school. Currently, I am saving money for a down payment once I have a deal lined up...
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Greetings! I have an opportunity to arrange/coordinate a unique small project as a launching point for a land development venture. I have a bit of general real estate knowledge, but not much experience at all. I am...
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I'm fairly new on BP -- I've really enjoyed what I've seen so far. I'm struck by the exhaustiveness of the site and the number of individuals who are willing to lend their expertise, knowledge and best practices. I se...
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A non-profit organization that donates to projects with the goal of building net worth for individuals, investors, and corporations is taking an unconventional and philanthropic approach. This model suggests a commitm...
Hi guys, I've just got a couple of questions for you on portfolio loans:
1) Can you fold rehab costs into the loan?
2) How are closing costs paid, can they be rolled in?
3) Does each property get assigned an "origina...
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What are the pros and cons of buying a larger, more expensive house as a rehab as opposed to a smaller, cheaper house? What about as a newby, first-time rehabber? The area I live in has a lot of mid- to upper-middle...