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I often wonder why people would need investors if they have the money.If a successful flipper who makes anywhere from 70K - 150K a flip and who does like 4-5 a year, then why would they need outside investors? Wouldn'...
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Hello - I am in my early thirties and have now paid off all of my debts and built up about $250k in savings. I am very new to this but I think I’m ready to put about $200k into my first real estate investment. What w...
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Hey guys!! So I will be starting my REI journey soon. Was going to begin with wholesaling to build capital and experience. My question is could I do fix and flips as well as wholesaling? Sort of simultaneously ? As in...
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Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...
Here are the last 4 years of rental history licensing in Minneapolis. You start to see some interesting things when you 'join' this against the city Assessor file, in regards to how many actual units the Assessor is s...
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Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...
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Fannie Mae has a
3/2 1282sf house in college area. Asing 60k
will require 25-30k to rehab
arv ~120k
owner occupant only bids until 4-16-14
my plan was to go in as owner occ, spend 1st ...
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I am 20 years old currently living in New Jersey starting my journey looking to dive into the world of REI. My biggest goal now is to become knowledgeable on buy and hold property investing in order to grow a large sp...
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Hey BP Family,
I am contemplating a 15 vs 30 year mortgage on my first investment property. The difference in the mortgage payment is a few hundred dollars but saves me a lot of money in interest over the additional ...
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What tricks of the trade can you give? I'm going to start building SFH and then probably condominiums. I don't really want to hold and rent anything even if I could refinance and get everything back.