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My dad & I are considering entering a joint venture with a good friend of mine who is an experienced contractor. We would like to flip to earn capital for future buy and holds. My questions are: 1. Should we form...
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Hi, I have an opportunity with a friend who plans on flipping a house ($500k purchase price), rehab $50k, ARV $800k. I would be a silent partner putting in ~140k and he'll get a construction loan. He has done some spe...
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I have been in the SFR mindset the past year and have secured a few new houses. In doing so, I starting to be more aware of other opportunities. After driving by a parcel of land (5-acres) for a few years it finally...
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I recently was laid off, for the second time, this year due to the coronavirus. I have two rental homes that do well and have been paying for themselves along with some other bills I own. I’ve been exhausted with my c...
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If parents are interested in investing in their kids’ real estate venture (2 parents, 2 kids), if their parents are going to leave the assets to their kids 50-50 when they pass, and if the kids plan to honor the paren...
I have spoken with a hard money lender but am still a little confused. He wants me to a joint venture which means he will fund the project 100% and do a 60/40 split if i get it done in 4 months. If it takes longer it...
Hello Bigger Pockets,
I am considering having another wholesaler work with me to sell my properties. They approached me asking if I would mind to partner up on some deals since they have a list of buyers that...
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I have already purchased a house and have done some work. My question is do I do a 50/50 split or just a percentage on rehab money that I need. Have heat and cool,plumbing and electrical done and inspected.
PP: $40,...
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I have a full time job 9-5 where I contribute to 401k in full and Traditional IRA around 1,000 due to income limitationsI also have a side job (Sole Prop) where net income will be close to 50K in 2018. I am planning t...
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I'm being told by everybody that its a scam but I can't figure out the angle...Has anybody ever heard of them or done any business with them?
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