Chris kind of glossed over this since it was his intermediary between flips and flops, but does anyone have any thoughts here?
I love Bigger Pockets so much but I hate how I always want ten plus hour episodes and the...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
TL;DR: I want to offer on a few properties but the number that works for is well be low asking price. Like 30% lower than asking. Other than the risk of rejection is there any down side to offering? My market is prett...
Is anyone familiar with www.fundingforflipping?
The other day I grabbed $40,000 tax free from refinancing a duplex that originally started as an ugly duckling. As I was walking out of the closing on my way to the bank, I couldn't help but wonder how a flipper would...
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Update of concerns on perfect storm I see forming.
There are more and more "voters" requiring entitlements. Here are a couple today.
1. Tens of thousands nearly riot for the opportunity to get an application to be on...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....