All private money from 1 investor.
I get 10% equity plus 5% of monthly rents as manager.
Bought it bank owned for 79k. It is a 2 bd 1.5 bath in the fishtown neighborhood of philadelphia.
Rehab budget was 16k. ...
I'm looking to start doing multiple properties at once. I have a good banker, but I would think that banks have a limit or formula that they adhere to for lending. Is there a general rule/formula for how much risk a b...
I just signed up for the site after listening to a dozen of the podcasts. I live in the western suburbs of Chicago and am here, first and foremost, to see how much I can learn so that I can figure out what my real go...
While discussing the course and your real estate needs, Jason states numerous times that your ‘blueprint’ will be ‘built out' specifically for you, providing very few details of what you’re actually receiving, leadi...
I have some private money I can use from multiple people. How should I go about managing it? Do I create one checking account and have everyone transfer money in there? Would this get flagged by the FBI if there's tra...
Hey all,Looking to convert extra space on a Multi-Family in South Philly into a bedroom. This conversion would allow the now 1 bedroom unit (converted from studio) to have private access from the exterior. The only is...
As discussed on many previous podcasts, posts most recently in the latest podcast and as general conversation, the discussion of private financing vs traditional financing.I have spend the better part of this year, th...
Hello Biggerpockets,I have a good amount of capital that I was originally looking to put into fix and flips, but the market in New Jersey has proven difficult to penetrate and I have just started a business that is ta...
Hello everyone. I'm wholesaling a deal. I'd like to know if escrow/title will allow me to use a blind HUD-1 when the buyer is taking out a HML or private loan. Thanks.
I have my eye on a property up for auction in a few days. My question is: How likely is it that I can get the money in order after I win the bid from "hard money, or private lender" with no money down? I have had 3...