Hi BP Community! I am actively working on sourcing and locking up fix and flip deals. These deals would have adequate equity in them. I am looking at 1-4 unit properties. The properties would be in a distressed state ...
First National Acceptance Company(Lansing MI) is offering to purchase my private mortgage. I'm considering it, but not sure of the process. The mortgage is about 4 yrs old with 6 yrs left. Any experience or sug...
Hello BP,I really want to grow my business this year and therefore I was contemplating partnerships and private money. I've listened to many BP podcasts that have guests that go this route and are very successful with...
I have a great rehab/flip project and some land that has the necessities to make great cash flow and should open the door to future deals. Let's call it the one that started it all.
While as a result of the new tax plan signed into law recently biggest financial companies are moving into REI, if you are a commercial real estate investor, here are a few things you should take note of:The full impa...
I am trying to refi two houses that I have free and clear. In the process I was informed I need flood insurance and have to have them surveyed to get an elevation certificate even to get a quote on insurance
Does any...
I’m looking at a triplex that I would like to close on. I was hoping to do a partnership but that’s just not in the bag for this deal. I hoped to do traditional financing but my wife and I are building a home that wil...
Looking at carrying a note- Thoughts on getting the credit score of the potential borrower? I've heard some hard money/private lenders say it doesn't matter what the borrower's score is as it's the property that's p...
Hello - my family and I serve in the country of Panama, where we own a home. We serve alongside a group of missionaries (we are business owners in the states with real estate and restaurants, but split our time betwee...
A Creative Real Estate Investor's Credo
This is mine:
I WILL:
- Walk through a house and be honest will the Seller - Yes or No, NO BS.
- If yes, I will always offer 2-3 creative offers (all cash w/ private money, s...