One of my bankers referred me to a GC she has built spec homes with successfully. We’ve been talking about replicating that model. He finds land, gets it zoned, handles site prep and construction. He approached me abo...
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Hi BP team,I recently put a property under contract using a California realtor. I used the C.A.R form RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS. The 1-A line is noted as my name or ASSIGNED. Has a...
I recently(2 months ago) closed on my first property. owner occ duplex. I got a great deal on the thing about 20% below market and used a FHA. After closing on the loan and the couple bigger projects I completed I st...
I am looking at purchasing a real estate investment property. I have created a detailed DCF model to analyze the investment and have stumbled across a couple of questions that I hope you guys can help me answer. I hav...
Hey everyone, I attended some classes that turned out to be scams and watched every video online. It still seems confusing.Where do I get an purchase agreement, how do I transfer into the investors name, do I put down...
I need your advice on a possibility.
A guy here in town wants to sell his building that has a bar in it. It only has space for one business.
The bar is pretty well known and pretty much the 2nd best bar in town. ...
Hello, all. I have quite a few questions. We are currently living overseas and want to purchase a house in Indiana, as a rental investment. It will be a cash deal that we intend to refinance later. I've never purch...
What’s the minimum spread you look for when choosing to flip or not flip a property? Here’s my current situation that I would love some feedback on:Purchase opportunity: $260kEst. Rehab: $30k (cosmetic throughout, bat...
I'm hoping to gain insight and knowledge to purchase a (owner occupied) multi-family unit. I think I'm doing something wrong when using the rental property calculator. Each time I've analyzed, the ROI is negative, and...