Blake Yarbrough
Down Payment Investing Partner
Hello,A partner and I are going into a multi-family building together but need money for the 20% down payment. What is customary for this? Would that cash partner receive 50% and my other partner and I split the other...
Jake Moran
How to structure a flipping partnership with a contractor?
I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
Andrey Rudenko
Housing crisis as incomes do not catch up with home prices
Housing prices, like prices of anything else are driven by the overall supply and demand. The supply is driven by the available inventory while the demand has many input factors in it. Here we will try to see what may...
Dom Jones
Personal Loan as Down Payment on an investment loan?
Personal Loan as Down Payment on an investment loan? Is this something that is possible?
Robert Dabicci
Structuring this partnership
Hello, I know every partnership is going to be different and I have to assess my individual case. That being said I'm interested to see what other more experienced investors think so I can make sure things are fair fo...
Sarah Robinson
Hard Money Loan Draws
Hello all,Ok so I am looking into flipping a house, but I don't have the money so I am probably going to end up using a Hard money loan or a private investor if I can find someone in my area willing to finance. I have...
Michael Brown
Refinancing - Lose PMI
Hello BP,I have a scenario that I need help with. These numbers are pretty spot on and a situation I am about to jump in on, however I don't understand the logistics of the refinancing piece.Say I offer to buy a SFH ...
Michael H.
Exterior Painting, Repairing Roof Cost 2,800 sq ft (NJ)
My general contractor is quoting me:$32,000 to prep, paint exterior of the home$19,000 to replace asphalt roof$23,000 to prep, paint the interior$19,000 wooden floor refinishing (polishing, filling in any cracks)The h...
Bradley Adams
Hard Money Lending
I am looking to do my first flip. A little background. I have a friend who's Grandpa passed away. His Grandma will be selling their home. It's in a very desirable area and needs some work. My Friend knows that I ...
Thomas Dionne
Telling a lender "no" when asking for receipts for rehab
I have bought my 1st property for 50k, put around 4k into it and appraised is for 94k (did appraisal on my own because i just had to know)I have like 4 people (out of 300 calls) already wanting to rent to own it that ...