Shayan Sameer
Fix/Flip or Rental
Hello everyone,
Hope you all had a great New Year! I have a question and would really appreciate your input.
I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that th...
Pat Ayres
Flips & What's a good profit?
Hey everyone at BP,I am working on my first (non live-in Flip). As it stands now with rehab costs, holding costs, Closing costs, & paying the buyers agent, I will net out at $33,000. Since I am not flipping as an ...
Sean C.
Helping my father with a simple request.
Investment Info:
Single-family residence fix & flip investment.
This property was the first one I ever worked on with my father. He put it the market and the real estate agent advised him to add a closet...
Michael G.
Fair profit split between partners
Hi all
After a pretty successful growth period, my business partner and I have have been approached by a number of people who are interested in partnering on some larger projects.
We are looking at a 6 unit buildi...
Daniel J.
How to pay myself in a MF deal?
If this has been well answered elsewhere please point me there, I couldn’t find it.If I’m look at small mf deals that require more than one additional partner, so in my area more than $500,000 per say. These would be ...
Sandi L.
Question about Debt to Income Ratio in regards to income property
Hello,I have a question...If someone has a primary residence and a recently purchased investment property (within the last 30 days) does the investment property count as debt because there is a mortgage on it or does ...
Jay Smith
Seeking Extra Investment Capital
Hello there BP family. I read, I watch and I learn a lot from the resources both on this platform and at meet ups. However, I need advice badly! I have a question about how to be creative with this situation I’m in. I...
Monica Abeyta
Should I buy my parent's house or a duplex?
Recently I set a goal to buy a duplex and try house hacking with an FHA loan. My current situation is that I am renting a house from my parents. They asked me if I wanted to buy that instead, either purchase would be ...
Linda Young
Help! Finally found a house and need to fund it!
After 2 months of searching I finally found what I think will be a good deal. In researching hard money lenders they all seem to want to lend to an LLC, not an individual. Any suggestions are welcome and needed quickly!
Lesley Cabrera
Need guidance afraid of being taken advantage of and would like some input
So I have a commercial property that my parents gave me control of a couple years ago. After much headache and of learning what and how to do things I have decided to sell the property. There is not much owed on the p...