There is a property I would like to get for 650 K but will qualify for 500 K. It is next to another STR I have, and having both would allow me to offer joint bookings and access a wider market to house 12+ people. I w...
Hi folks - I'm interested in purchasing a 6 door (2 SFH + 2 duplexes) portfolio in Ft Worth, Texas. The asking price is $1M and lender can finance up to $700K. I'm expected to bring $300K in cash to close. I can bring...
I have been looking into getting my real estate license and currently live close enough to Massachusetts that I could easily look for work up there. I recently came across something that said a Massachusetts real esta...
Is it possible to structure a purchase on a property as follows:
Negotiate with the 1st to get the purchase price down to reality while simultaneously keeping the 2nd satisfied?
Can I keep the 2nd involved somehow? ...
Greetings you fantastic BP people!Quick question about partial seller financing... if you get a seller to do seller financing for ~20% of the purchase price, who gets first lien? The bank or the seller doing ~20% 'sel...
I am looking to buy a property in Phoenix, AZ for my son to live in. At first I was going to purchase a cheap 1 bed condo for less than $50k. However, I've decided I want to purchase a duplex or triplex creatively.My ...
Good morning BP,Obviously, as everyone knows interest rates have risen and properties are sitting on the market longer than they used to, at least in my market. I know a lot of investors on here take full advantage of...
You hear all of these people (so called Gurus, self proclaimed obviously) talking about how when they got into investing they had no money and had to come out of pocket with zero cash in order to obtain their first pr...
I know hard money carries pretty high rates. What would be a suitable option for buying and selling properties? No rehab work, and equity at closing? Would hard money be the best bet, or a private lender?
Hello all. I had a great meet-up last night with fellow BP'ers in the area and it seemed the consensus for a first flip is find something "easy". I think i have found one that has comps in the $200,000+ range and ...