I've been wondering recently about the advantages of borrowing money over raising money from investors. After financing 75% of the purchase price for a multifamily from a bank, many syndicators raise money from themse...

One of my favorite movies is Easy Money with Rodney Dangerfield and Joe Pesci. Rodney’s character made a deal to give up all of his vices to inherit his mother-in-law’s fortune. It turned out to be harder than he imag...

Many people on Bigger Pockets love to hate on Dave Ramsey. I have been one of them in the past. I’ve listened to a number of clips/ shorts on YouTube of Dave Ramsey recently.
First, let me mention why I was put off b...

I'm trying to get my head around cap rates and gross rent multipliers.  I have a basic understanding of both, however, I've been told that for multi-family properties, I should pay more attention to the gross rent mul...

Hello. I looking to build a duplex and want to know what are the stipulations for building and financing a duplex with use little to no money of my own and how to lenders look at the situation. Thanks

I know many on BP concentrate much of their wealth in real estate because it is what they know well. I was wondering what everyone's thoughts are on the diversification versus concentration decision. Are you an advo...

After spending a couple of weeks meeting with lenders, investors, and wholesalers, I've seen some patterns start to emerge. One of them is that many investors are stuck using hard money. This is fine if the deal penci...

Hey BP community,
I am planning my first flip which I have estimated for March/April of next year. I am lining up financing and evaluating my options and have a few questions.
I have a few people that I know that m...

I'm about to sign a contract for a wholesale deal in NY. Putting $500 EMD. My attorney said if the deal falls through that I'm out my EMD and have to pay him. I wanted an inspection clause to protect me in case I canc...

Hello, I just got started with PML with one of my retirement accounts.  I was wondering where folks who partake in this business hold their capital when it isn't loaned out?  I would assume a high yield savings might ...