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Trying to fund my first investment property via friends and family.I don't currently have an LLC as it is harder to get a biz loan than a personal loan considering I have no biz history of successful investments. I'm ...
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Hi All, I recently heard about a site called Fundrise. It looks to be a site where you give them money and they create a share in a real estate portfolio for you. Has anyone used anything like this before? Can this be...
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HI BP,My soon to be private money lender just applied for a HELOC on their current residence. Their home is 100% paid off and will appraise for around $90,000-100,000. She currently has a Home Equity Loan with a remai...
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Any recommendation on how to document all the work on a flip project?
In my last (my first flip) project, things were executed in good faith for the most part. There was literally no documentation.
Also, most of con...
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Just wondering if this deal makes sense (cents$$) or not? It's a 26 unit MF complex. 23 out of 26 currently rented. Would require 20% down and seller financing 10% of purchase price for a total of 30% to get com...
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I'm considering Utility Oak Grade Flooring for a rehab. Does anyone have experience with this this stuff? Were you happy with the result? How much did you have to waste? Is there significant savings? Did you have to ...
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I know this check says $176k but I held $25k in escrow, paid $10,800 to the buyers agent, and had a $8k in a holdback that was released after I fixed a furnace at the property.This was a duplex that I bought in 2017 f...
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Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation. We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...
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Hello BP community
I recently purchased my 1st Brrrr project in Indianapolis.
I have Bought it outright , finishing rehab. 95% of my liquid is in the house.
So I am having a hard time finding a lender with my limit...
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I am a realtor out of Jacksonville, Florida. My mentor has agreed to provide me with the funds (up to 25% and the rehab costs) to fill the gaps for a commercial loan so that we can buy an apartment, anywhere from 5-30...