I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?
I am planning on going to a tax sale looking for any advice.
Hi Guys,
Quick background: started with a duplex, added a fiveplex to the mix. Sold the duplex because it was too much maintenance. Now we're looking at a great little triplex but I'm hesitant because it sort of seem...
I am working with a building friend of mine on building two spec homes on two lots in a highly desirable area. I have a quick question on the deal structure. I am going to purchase the land and my banker is going to l...
I am thinking of using the BRRRR to start quickly acquiring some smaller multi-family properties and it got me thinking.How large can you actually go with a BRRRR? What's the largest property, by units, someone has ap...
Hi BP-
I have 2 quick questions, this is my first time wholesaling and I think I found a good property. I looked at the comps and used BP for which questions to ask the seller. The problem I am facing now is ...
Hello All,How long do I have to wait to refinance with a portfolio bank for the property bought with my own money? I like wait the least amount of time to refi. Is there any bank that doesn't require waiting period? T...
I am a realtor and have a buyer looking for a multi-family apartment complex. I understand the underwriting procedure and know that even if I can provide the nominal NOI and market CAP rate the buyer needs to go throu...
Good Morning BP. Quick Question. I've been purchasing properties for the past year and waiving all the contingencies on the agreement of sale. I hear people leave themselves different caveats in the contract that coul...
Hello everyone, I'm a newbie wholesaler who is doing this as a side hustle remotely. I'm currently looking for distress properties to skip trace the owners with hope of getting my first wholesale deal. This is my iss...