Ben Jernigan
What’s the best way to approach lending ?
I am twenty years old and have been working seasonal work now for two years . I am a fisherman in Alaska during the summer and a mechanic for ski resorts in the winter traveling between the two I only work around seve...
David Tower
Need help on this deal
This sounds like a purchase and then a lease option but I'm not exactly sure. I plan on bringing in a local expert but want to get BP's take on it.
Here's the details
owner needs to sell. lets say it's for 100-110k
...
Anthony Caleca
Raising Money for a new devlopment
Hey so i have posted about 2 or 3 months ago about getting into the devlopment side of real estate with my father, we where looking to devlop a small to medium size luxury complex in NYC (where we live) but raising mo...
Joseph D.
Coverage Amount - Value of Property or Amount of Mortgage
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
Jeff Copeland
Are Wholesalers Unicorns?
In other words, do they actually exist?I am actively seeking rehab/flip properties in St Petersburg and Pinellas Park, FL. I have access to plenty of capital, but I can't find properties. I have yet to come across a w...
Sandy G.
Non-paying Holdover Tenants
We have tenants that signed a renewal notice back in October agreeing to a rent increase and continue their tenancy. Current rental agreement was set to terminate on November 30. New rental agreement was prepared an...
Ray Loveless
My Painter wants half down. What's the best way to cover my self?
I'm doing a small flip on a house 2 hours away in Utah. A fellow BP member gave me a referral of another flipper in the area. I called him about contractor suggestions and he mentioned that his son does painting and o...
Jackie Lange
The Artificial Housing Recovery
Interesting articles about what's really going on
http://www.theburningplatform.com/2014/02/02/warped-distorted-manipulated-flipped-housing-market/
Looks like house flipping (buy, fix sell rehabbers) wi...
Tom Kitas
Transactional Funding and Short Sale Flips
Hello everyone I am very new to this forum. I have read a lot of the different threads and find the people on here very knowledgeable and helpful. Now I hope someone can answer a question for me. I have been in real e...
Jason Click
Good Faith Estimate... How does this look?
I've found my first rental house to purchase... I went to a mortgage broker that is one of the corporate partners for my local REIA. Since this is my first time, can you look over the attached Good Faith Estimate and ...