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BP, I need your thoughts with an issue. In short, I have 3 female roommates where one has been there for 3 years (before I owned the place), one has been there for a little more than a year and the third just moved in...
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I have been in talks with a GC in Georgia and his method of building is: He builds everything at costs and doesn't include any markup or fees, he oversees everything, I only supply funding, and we split 50/50 the prof...
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I just recently got my first wholesale deal under contract. It's a duplex. The margins are thin, but it's nonetheless a workable wholesale deal. I'd like to carve out at least a little more profit from the deal by neg...
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There’s a lot of negativity out there concerning the risks (especially to the seller) of subject to deals. To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they n...
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Hello all, My wife and I are looking to invest in our first multifamily home. We're currently in the early stages of the process (i.e. haven't talked to a lender). We both have good credit scores but unfortunately due...
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I have a question about investing in Detroit. First, I want to say I am new to investing, and I do not plan on investing in Detroit. I plan on concentrating on my local market. However, with Dan Gilbert making huge in...
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I sent a YL to a house built around the turn of the last century that was the orginal farmhouse that is now surrounded by duplexes, one of which has been townhoused. The lot size is 32,000 feet and and extends from o...
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I found a property I am looking at. $1.5MM25% Down would be $375KIt was suggested to me to speak with the owners (who I know - they are personal friends) about Owner Carry for $250K.Does this mean A) The $250K is su...