So when borrowing money you have the interest rate and term. What are some other 'perks' in an investment contract the private money lender will look for or consider standard? I guess an example would be an early pa...
A Kansas man could face up to 120 years in prison, as told by MPAMag.com. Terrence Matthew Brown purchased 10 homes in Kansas City, all of which ended up in default. He also received over $200,000 in kickbacks as a...
Hey BP -- I'm excited to meet you all as I begin executing on my REI commitments. I'm ready to take action and buy my first rental properties. Sure it's been difficult to find deals in my area of SE Michigan like many...
Hello Everyone. I just want to re-introduce myself. I am in Lakewood, WA. I joined BiggerPockets back in 2014. I just couldn't commit to becoming an investor back then. I now have more will and commitment to beco...
I have a lot of questions. I have mostly flipped single family homes, but an opportunity came up to buy a residential home that could be converted to a business(Main Street). I have a buyer already if I convert it to...
Who would you hire and why?1). The 24 year old kid that took a leap of faith and skipped college to pursue his dreams. He’s knowledgeable about about real estate and has 4 years of experience with not only maintaining...
What fees should somone expect to pay and when while completing a commercial loan.
Hi Everyone! First of all, thank you Bigger Pockets for such a wonderful website to connect and learn from professionals in such an efficient manner!
I am currently 24 years old, working full time in investment banki...
As he is willing to teach me about running a business for free along with giving me 0% interest on loans, but he's also asking for 12% on the profits I make this sounds like a horrible deal to me what dose every think?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $15,000
Sale price: $425,000
Contributors:
Peter Vekselman
Partner Driv...