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I am a general contractor by trade and have thus far saved up money to buy all of my rental properties (and their necessary improvements) out of pocket. I have recently opened a line of credit to be able to do somethi...
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Hi Everyone, I converted my 2-flat apartment building into a legal 3-flat using a cashout. Appraised at $425k, new mortgage at $2330 at 4.35% currently owe $305K now. Property may conservatively appraise at $525k acco...
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I care about my wife and best friend and should something happen to me, I want them have all the information they need to step in and run my real estate investing (mostly rental properties) and real estate brokerage b...
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Hi, I just received a quote for a 2 unit property I am acquiring in Baltimore and wanted to know what you guys thought about it. The quote is:deductible-1000.00dwelling - 170,000.00Other structure-17,000.00personal pr...
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Hello everyone, I am newer to real estate investing. I’ve spent the last 10 years attending REIAs, reading and researching on the topic, and I’m more interested in house flipping. I currently have a friend who just re...
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Hey BPers, me and and a friend (or more) are looking to buy, rehab, and rent out condos and houses in the Arlington, Texas area. One way we've examined doing things is equal partnerships, everyone puts in and gets out...
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I found a very motivated seller that inherited a home last year and needs to sell asap. She doesn't want the home anymore and is willing to give it away at a great price. She says she needs $6,000 in the next 20 day...
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I am a RE broker in the Chicagoland area. I am getting ready to wrap up negotiations on a 100k sf office space for 8.5mm. 500k of that is a fee to be split 50/50 between myself and the banker who brought me the deal. ...
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I'm working on a deal that is a cash buy where I'm working with a partner. He happens to be my brother, but it isn't really too relevant to the story. I'm just curious how everyone structures their partnerships and wh...
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Hi All,I'm getting ready to make an offer on a duplex with a VA loan. Thus far I have been outcompeted by cash and conventional loans.I'm debating waiving the inspection to make my VA offer more attractive. My thought...