I know someone with a property that's currently worth over 1 million and the area is growing like crazy, they don't want the house anymore. BUT the house needs over 500k worth of work AND it's in a reverse mortgage. I...
Hey BP family,
I need your help.I am new to real estate investing and searching for my first fix and flip. I have contacted a real estate attorney to draft a contract that I can use when hiring my GC (I will not be ...
How does hard money work ? Or would a bridge loan work better ? Or are they both the same thing - please help a new guy out
Thanks
Matt
I've been working with a wholesaler in my area trying to analyze this deal, but I want someone to take a second look. Preferably someone with a few flips under their belt to see if I'm running these numbers right. I w...
Hello, my husband and I purchased 7 duplexes during about 8 years ago. We had unexpected offer for these duplexes and are now selling them on April 30th. We did not have them listed and had no plans to sell prior to...
I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...
I apologize I'm screwing myself in my head right now on the math or how the bank views it.
Say if you have a vacant lot (you own) that already has design and basically is shovel ready (has permits)
Total project is ...
Ok, I have a quick question for the experienced and advanced medium to large apartment complex investors(75-200units) I know value is really determined by Actual NOI and Cap rate, but what happens when you run into...
Hey, I have been getting a ton of calls from my yellow letter campaign with owners who need to sell their homes. I have been focusing primarily on absentee owners.Investors in Aberdeen, Montesano, Elma, or McCleary......
Hey Everyone,I'm fairly new and never bought a property before but plan to in 2019. Right now I'm just trying to learn as much as I can and take a lot of action. So I took BP's advice and started driving for dollars. ...