Morning BP,I'd like to thank all of the regulars for their insight, it really does help newbies like myself get a foothold on a strategy for investment. I decided that I'm going to start off with the 'BRRRR' strategy....
A friend of a friend recently told me they would be willing to sell their campground. They would sell it for $12.5 Million but the deal still works out to be a 5.23% cap rate at $14 Million. Has anyone ever wholesal...
What should I be looking for when choosing a lendor?
Hello my name is Kevin and I am brand new to the real estate community. I considered looking into real estate a few years ago but was unable to successfully take the time to gain the knowledge of real estate investing...
Hello everybody! I have an issue I was hoping some experts may have advise on. I purchased a duplex a month ago and am house-hacking it. In the purchase agreement they included a lease for the existing tenants in the ...
Hello to all the experts on BP. Thanks for your willingness to help a fellow investor navigate a financing issue that has recently popped up for me. Apologies for the lengthy post, but the details are a bit involved....
My group just closed, September 20th, on a 6 family value add opportunity in the Chatham area. It was a bit touch and go right before and during the closing. On Wednesday the seller's attorney stated that we may hav...
A guy from my REI group is looking to borrow some money for a few months to cover mortgage cost for a property that he flipped. I am thinking about reaching out to him and help him out and also build my network at th...
Investment Info:
Single-family residence buy & hold investment in Florissant.
Purchase price: $72,000
Cash invested: $15,420
Sale price: $70,000
Bought for $72k
Closing Costs $14,300
Rehab ...
Like Gerry's earlier post, I was very reluctant to share my story. But now the time has come for me to share like Gerry so that no one else gets themselves in a bad deal with Scott or anyone else. I specifically wai...