Daniel Whitmore
How Much Pressure Should I Put on Myself for Deal #1?
How important is it for my first deal to be a good deal?I’m new to real estate. My network is small. I don’t have muscles to flex, I don’t have past experience to guide me. I’ve read books, listened to podcasts and we...
Upen Mody
Sick of Wholesalers!!!
I am tired of wholesalers that exaggerate ARV in their listings. Living in South Florida, I feel like pretty much all of them put unrealistic ARV in their emails as there is no accountability. Should I not expect any...
Janine Covello
Help! My deal may be falling through
Hi All!Not sure if there is anything I can do to save this- but being new to REI would love some opinions.Me: New investor here, found a great deal on a two family in the greater philadelphia area, shortly after seein...
Kendrique Coats
How is everyone feeling on buying now?
I am just getting my feet wet in real estate and I am curious to know what is everyone thinking regarding purchasing multi family investment properties now during a pandemic? I’ve been reading and watching videos and ...
Darrin Carey
Borrowing Downpayment, closing costs, and earnest money
As a private lender, I'm suddenly getting a lot of requests for three things that concern me.
1. Lending the Downpayment (behind another hard money lender)2. Lending all the borrowers closing costs3. Lending funds fo...
Frankie Betancourt
Buying from myself with a credit card
Hello is it possible to sell something online and use a credit card to buy that item for myself and then use that cash to transfer into my bank to buy a house? Because i have 20k credit limit and would like to turn...
Brandon Heath
Another bad deal.... but help me learn how it could be a good one
Alright, I really thought I found a good deal but after running some numbers turns out it's not even close! Like way off (i'm still very new so if you laugh just try not to choke). Here we go...So I found this deal on...
Scott Trench
Are You Giving Your Syndicator A "Free Spin"?
I'm looking at more and more syndication investments, because it is a personal interest of mine.
And it really rubs me the wrong way when a syndicator puts together a deal in a way that has very little of their own ...
Patricia Luna
Would you buy a rental property with negative cash flow?
Would you buy a property with negative cash flow?My husband and I want to invest in a townhouse that we plan on selling once the mortgage is paid in full. We could have the mortgage for 30 years, but we are choosing o...
John Cohen
Closed on a 48 Unit Multifamily - First Syndication
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...