How would I, or should I, structure a deal to involve no money down? I am the buyer in this situation.
Example:
ARV = 130k
Rehab needed = 15k
Purchase price = 80k
Current/As-is value = 96k
The seller has said ...
For deal sponsors, what kind of waterfall do you typically underwrite your deals with - American or European? For LPs, which waterfall do you prefer to see in a deal? I'm assuming an LP would prefer a European waterfa...
II am relatively new to this and want to implement the BRRRR strategy to buy rental properties and build a portfolio. I am meeting with a lawyer next week to get an LLC started ( to protect our personal assets, IRA, 4...
Alright, so this is my situation:
I have a team of contractors that are ready to roll as soon as possible. I've got a project manager in place (because I can only dedicate part time hours to the actual rehabbing p...
I just joined the site and have flipped a few houses on my own. I am sure my question has been asked and answered because it seems very basic but I just don't know the answer so here goes. I have someone who wants me...
SHORT BIOGRAPHYHello everyone. My name is Steve and I currently live in a small northwestern town in Indiana. 29 years of age and married to my soulmate who I met on Xbox Live back in 2008! I've been an avid gamer jus...
Hey Guys, my wife and I are wanting to get into the STR game and we live in the country of texas LOL; however, i do have some questions... 1. we have a strategy idea of 'airbnb-ing' the property in the summertime and...
I found a house at the county website scheduled for Auction for $13k. Same house is for sale for $400k on Redfin. I found the owner’s mailing address. Is there anything I can do to offer the owner a better price prior...
Hey All,We syndicate money on a deal-by-deal basis for a small group of high-net-worth individuals, and as the title suggests, we are looking for a new regional partner in Nashville to help deal source and run the pro...
Unfortunately the deed is already done, and I’ve learned in the process. However now that I’m learning more I am curious about the most logical approach. At the time I wasn’t comfortable with a a heloc and didn’t unde...