I’m looking at starting a private REIT with friends and family. My idea is to form an LLC with ownership equally spread across all investors. After this is done, my idea was to have everyone (around 10 ppl) invest $50...
Hello BiggerPockets,
My partner and I would like to acquire our very first property next year. We want to house hack a duplex. Our goal is to have $20,000 saved up by July 2023. I myself currently have $11,000 in my ...
Hey! I’d like to know how to apply the BRRRR method on a land contract deal. The home I’m interested is in the historic district of Ypsilanti, Michigan. House is in living condition but the caveat is you can’t do a ne...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/892826/small_1621505108-avatar-anthonyt108.jpg?twic=v1/output=image&v=2)
Hi. I bought a property recently in South Philly. I need about 60k from a lender to put on a 3rd story addition along with the rest of the house being a total gut. (I have some funds also). I don’t exactly know how ha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/525972/small_1621481495-avatar-christinasrg.jpg?twic=v1/output=image&v=2)
Hi all. Newbie q about title searches.I just spoke with an overbearing realtor who told me 10 times that I can't buy a home from a bank for just what is owed on it. He also said there is no way to know about other lie...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1445386/small_1621512373-avatar-markm672.jpg?twic=v1/output=image&v=2)
I’m new here and am still in immersing myself in all the BP Blogs and pods. Just wanted to ask some experienced investors about the 1% or 2% rule. I know it’s more of a guideline than anything, but is it a realistic m...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/688270/small_1621495486-avatar-interalia.jpg?twic=v1/output=image&v=2)
Is this a normal and/ or fair exclusive listing agmt:
6% to seller agent
2.8% to buyer agent
That's nearly 9% gone off my sale and doesn't include other costs
I won't sign because this doesn't seem correct
Thoug...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1274190/small_1621510881-avatar-mikea240.jpg?twic=v1/output=image&v=2)
Starting my real estate portfolio, I live in Salt Lake City Utah. My wife and I have four town homes, one of which we live in. One is in my wife’s name, three in mine. With all four we have about 260k in equity. With ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2031745/small_1694668330-avatar-jamesg587.jpg?twic=v1/output=image&v=2)
Hey everyone just looking for some info/ advice on what to look out for and to know about doing a cash out refi. I have a duplex that my wife and I bought back in January we had to wait to get tenants out so we could ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/68410/small_1621414105-avatar-aggiemedic.jpg?twic=v1/output=image&v=2)
Hey guys,
I was wondering if anyone had any recommendations of RMLO's (registered mortgage loan originator) that work with investors to originate loans for subject-to wrap deals.
Thanks for the help in ...