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I am new to the BRRR process and I am trying to wrap my head around how hard money loans work. My questions are; Does the money pay for the property and the rehab costs? Do I put a down payment down? And if so, doe...
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Please read below.
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My name is Shane Rupe and I'm an experienced supply chain manager that has recently graduated with my bachelor’s degree in business. I have started my venture into real estate investing part time seeing I have a full ...
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Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go ab...
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Good grief, I'm getting freaky good at this for an "average" guy.
You know my theory - that modern liberalism has heavy roots to the eug...
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
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As I described in https://www.biggerpockets.com/..., I've purchased this 4plex sight unseen after watching the video tours made by my realtor/property manager, then reading the inspection & appraisal. I trust my ...
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I've heard some say the rule of thumb is "short as possible". Others just go out to 30 years. Still others figure out a realistic monthly payment, work back from there, and have a unique schedule like 21.75 years (2...
Greeting BP! pleasure to be here!
I am currently looking for a strategy to get my real estate investing career going. So a little background. I have no worked a w2 job in about 2 and half years due to be being self e...
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Hello BP Community!I am a newbie investor from Ithaca, NY. I am currently pursuing my MBA at Cornell and just recently discovered RE. The adrenaline rush from RE is exciting, and I can't wait to have a skin in the gam...