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I just acquired a 6-unit building December 31, 2019 on the south side of Chicago, the plan is to rehab and refinance so I have a one year short term loan. I ran into some tenant issues with squatters that has slowed ...
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Hey everyone, I was wondering what the best way to get a loan would be? Being only 18 I feel like it would be almost impossible but I want to know thoughts from experienced people!
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I'm sure there are a million stories out there, thought I'd ask a fun question - what's the weirdest or most unexpected thing you've found when you were inspecting a house or starting a flip?
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Hi BP,I’ve been looking into creative ways of raising private capital and through my research one possible option I landed on was to have a family member (my Mom) take out a HELOC on her primary residence (she has ~ 9...
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Hello BP,My parents own a 0.54 acre (23522 sqft) piece of land. It is near Prarie View Texas A&M University, about 50 minutes from Houston, TX downtown. I believe it has potential for student housing.My question t...
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On a multifamily what cap rate would be best to consider?
I recently been told that the best cap rate to consider on a multifamily of 100+ units should be about 7%-8%, with an occupancy rate of 75% to 80% in order to...
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Well, after all the congrats I received, I just know read an e-mail from my buyer stating that due to unforseen circumstances she (the buyer) would be unable to complete the sale.
It's been just over 48 hours. I have...
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Hi everyone!I want to start out investing in real estate. Apart from reading a lot about it I have no prior experiencein buying investment properties. I live in Sweden, but since my long term plan is to move to the US...
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Hi Guys,I wanted to check in this forum for some ideas for a project that I and my next door neighbor is contemplating. Me and my next door neighbor owns one SFH each. so together we own 2 lots and land is roughly 14....
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begins with a single step... Hi, BP Family! It's Raheem back again with another post.I'm writing this post today because I feel really down on my luck and I wanted to ask the BP Family for guidance and advice and mayb...