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Hi BP experts! I heard that there are individuals investors who lend out money for purchasing. Hypothetically, If a traditional lender charged say around 4000 fees/closing cost etc and 5.5% rate along with a mandatory...
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A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity
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I have a legal question regarding SCRA. I own in a military town and my tenant knew they only had 11 month military orders but they were willing to sign a 12 month lease. Fast-forward 10 months, my tenant is trying to...
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Apologies in advance for stupid question. It's a little daunting for me to write an offer for the first time on a wholesale property. Don't want to make expensive mistakes. Would a realtor help guide me through the...
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I have an $11,000 budget to kick off marketing. I would love to hear your thoughts if you are an experienced wholesaler that has done this for at least 5, 10 or more years. Thanks!
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My goal is to have an investor back the transaction. I want to split the profit with my investor. This would be in Frankfort KY. I anticipate the house costing less than 100K, repair costs to be approx 20K-30K and ...
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Over the 4th of July weekend I had a idea of doing some fix and flips on my own. I did some research an came across asset based lending an reached out to a lender an he stated that your Fico score dosent play a role. ...
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Hi Everyone,I am evaluating a new type of flip opportunity and I was curious if any of you have similar experience. I am looking at a partnership with a seller who owns a duplex outright in a very affluent area of Sou...
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One of the most common questions I get from my clients is, "What do I do when my contractor doesn't call me back, and doesn't show up to finish the job." I did an entire webinar series on how to deal with contractors...
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...