Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
What to do first? Open an LLC....secure financing for flips...interview contractors...send out yellow cards, etc. I read so many forums and everyone has a different opinion on what to do first. I'm interested in do...
Hi All - Hope you are all looking forward to this long weekend. To use top down approach, here is my question followed by details ->Should I be buying properties if the seller is not providing a CO and saying buyer...
Hello everyone, I'm technically still new to BP and I have a question about BRRR strategy and can't seem to understand it.Say, I'm looking to purchase my first property, I run the numbers and everything looks great fo...
Many people are recommending, as a newbie to get my Real Estate License. However, when I am looking on BP and google for schools, I am seeing different types of licenses. What is the type of license that is being reco...
Hi everyone,Following my first marketing campaign, I had a couple of calls. One won't work due to the seller not being motivated, the other sounds like the poor guy is in distress and just wants out quickly. My issue ...
Can someone help me understand how appraisers generate the values during the appraisal process? I am reading our appraisal report and trying to make sense of it.We own a duplex and occupy one of the units. Back in Nov...
Last year, I began managing properties for other people (instead of just my personal properties). I never even thought about 1099s until one of my Owners asked me about one today. I am a bit confused about what info g...
I am currently working on negotiating an off market deal purchasing a SFH from a colleague in Minneapolis.
In order to discount the price we are working without a buyers agent and just have a facilitator to do the p...
Good morning BP, I'm sorry to bother with yet another green question but I am a little confused about the order of things as far as having the funds and making the offer. From what I can tell one needs to present the ...