Hello,My fiancée and I have been researching and learning the business of house flipping/rehabbing since Sep 2021. We heard of a program which uses other people's money OPM (I will keep nameless and call Program A) an...
A few questions below:Does anyone have recommendations on short term lenders that I could tap for acquisition capital (likely between 60-80% LTV)? The property would be a condo in Florida that I would expect to flip i...
Hello BP community!I'm working on putting together a proposal for an equity share and cash flow split on a house that I manage. I'm located in California, in a college town, and this house is being rented far below m...
Hi Everyone,Does anyone have experience or frustration with CMHA not paying back rent during the inspection period? In my scenario, Sec 8 came out to do their inspection on the property around end of March but it didn...
I need a RE lawyer to help with my sticky situation with a property in Newton, MA. I JV'd on a property and am about to lose everything. The new buyer wants our LLC, so that he doesn't have to go through the waiting...
Hello everyone! Just thinking of a creative way to finance my first purchase! I was thinking of my ideal situation of how I can fund it and thought of this and was wondering if anyone can tell me if anyone would ever ...
When a contract says that the buyer is purchasing the property at a minimum NOI of a certain amount per year as if the properties where fully rented what does this mean for the seller?
Hello all,I'm trying to analyze deals by plugging in the numbers into a spreadsheet, but I'm struggling to figure out what numbers to use for vacancy and maintenance?Specifically, some of the deals I'm considering com...
Sitting on $20k right now, not ready for income property. Any suggestions where i could invest it to get a better rate of return (not savings)for time being? Would like to purchase my first property within the next 12...