Hello,My wife and I recently started our real estate investment journey, purchasing our first buy and hold investment property a few weeks ago. My credit was a fair amount better than hers so I ended up purchasing our...
A paragraph taken from BP blog, 8/10/11 article written by K. Kaczmarek:
"Yesterday when the Fed decided to freeze rates until 2013 that was a signal to the market and the general public that there is a lack of confi...
Hi,How would a private lending deal work with no BRRR? I understand when you are doing a BRRR and getting that appreciated value to cash out refinance and eventually pay the private lender back with interest, by crea...
Hey BPers!I had a friend quit claim a condo to me in Lithonia, GA. However, it needs a lot of work due to water damage. He also owed the HOA a lot of money, but they are working with me by allowing me to pay only the ...
I'm looking to buy a single family home to rent. It's tax assessed at $52000 but is for sale for $38000. Say I buy it for $38K with a 20% down payment ($7600) leaving a $30400 loan. If a bank will give an equity loan ...
Hi, after the answers on my previous post, reevaluated the properties in inherited. Estimated value $1 million in assets. After watching so many videos, one thing is not true, I cannot find asset based lenders who wil...
Hey, I'm looking at a multi-unit apartment building that's going through foreclosure. I'm exploring my financing options and trying to decide the most cost-effective way of purchasing it. It will sell for around $750k...
New to the site and want to share some numbers on a property i'm considering. My interest in the following is as a lender or investor to wholesale / flip. This is a 2BR 1B Rehab in Central ArkansasThe Rehabber is in t...
Good evening,Do appraisers look for permits? I have an appraisal coming up which I will not be present for. I am wondering if I need to provide copy of permits or not. I am assuming not.Also, should I email the apprai...
Let’s say for example:
You buy a duplex, do 15K worth of improvements ( those of which are beneficial in the sense that it will make the worth of your house go up.. not golden toilet seats )
Rent out full
Raise rent...