About 3 to 4 days ago I lost my 1st real estate deal. The property had offers from both investors and families who were going to reside in the property. The bank choose the families over investors. I put in an appl...
Hello BP,I'm currently listening to Podcast 108, in which Grant Cardone, Best-Selling Author of the 10X Rule, is being interviewed. It's crazy that I haven't heard of him before this. I love his story and how much ent...
Does anybody rent a room in their own house that they currently live in? I don't mean a separate rental you own. I mean your current primary residence. I just bought a new 3/2 primary. I'm a single guy, so I basically...
Just curious can you start in fix and flips even if you do not have enough capital on hand to purchase a property?
Hi All,What do you do with money left in a BRRR deal? If you finance a project using 100% of other peoples money (hard money) and the project does not return 100% cash out on refinance, how do you finance the money le...
How much money do you typically put down on an investment property? If your giving a dollar value please give me an idea of the purchase price.
Most banks are requiring 20-25% in Michigan but I'm not sure it's the b...
Hi BP, Love practicing my deal analyzation skills and using the amazing calculators provided through BP. I was reaching out to see if anyone knew the formula BP uses for their Wholesaling Calculator. When I use the Wh...
Hi Im new to BP and a new investor with a few dollars to invest. My goal is to brrrr initially (If #'s support) or fix & flip the property if it's still a good deal. I want to run numbers to analyse deals but don'...
If I buy a house below market value, would that affect the future value of the house? Let's say a home owner wants to sell a house and is willing to sell it for the remainder of loan. Ex. He bought the house with a $9...
I was just reading a post on here about the BRRRR method.
It got me thinking. I need to understand how it works better. I know what it stands for and I get the process but I could use some clarification.
So you buy...