So I'm in a ton of Facebook groups for investors and see a number of PMLs advertising 100% financing.I messaged one to see what the deal was. Basically, he offers 70-90% for purchase (based on experience/credit score...
Hi there,I recently was forced to evict a “tenant” from a home that I know in Royal Oak, MI. I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property ma...
My husband and I have a new multi family house that we rehabbed and have ready for rent. We are up in the air if it will be a pet friendly or no pets allowed property. But I had a possible tenant ask about a dog (pit ...
Hi BP family,
I am a relatively new real estate investor. I am about to get into a multi-family syndication as a passive(GP) investor. The minimum investment is $50K.
1. Is there anything specific I need to query/l...
I'm just starting out and doing some research on a real estate syndicator who invests in apartment complexes. We've talked a little bit and are going to talk again soon. What are some things to be sure to ask in order...
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
Hello BP world!
First time investor here and excited to take the first step towards financial freedom! My name is Brian & I’m currently looking to buy my first property.
My deadline for this goal is June 1st o...
Hi BP Team - I'm hoping to get some advice from some experienced private lenders or hard money lenders out there. I'm trying to define a "Good" Hard Money Loan - both in terms of the borrower, and the underlying deal/...
Hey Folks,So I am in the planning phase of creating a construction/home improvement/contracting company that will work on my rehab projects exclusively, offer services to other local investors, and offer services to h...
hello,here is a quick type of generic deal I am looking at along with details of my current status:I have 70k cash. looking to fix and flip. I will be hiring a contractor. I can find a housefor anywhere from 50-70k wi...