Account Closed
Creating a start-up with friend: confused about business structure
Hello BP!
My first post here, hopefully of many.
A friend and I have decided to start a REI business together in Florida.
I've been researching different business structures, and the amount of informat...
Shanai Rogers
ARV & Profit Confusion on a Tax Deed/Wholesale Deal
Hello everyone! I am calculating the ARV & profit on a property and would like to know if I am doing this wrong? This example is as if a property was in a tax deed auction & I bid and won for the purposes of w...
James Stayton
Should I rent or by a rental? ( Ugggg so confused )
So I am just going to throw the situation out there and see what opinions people have.
I'm in my early 50's and I am a single dad. I moved from California to Washington state. I kept my Ca home and have it rented out...
Michael Tan
Confusion on HML Rehab Funding - What value am I getting?
Hey everyone! So I’m finding myself unable to wrap my head around a certain aspect of Hard Money Lending as I go through my first deal.I’m currently using an online HML provider, LimaOne, and received “Fix n’ Flip” fu...
Jonathan Davis
Confused or Worried about rental rates, am I missing something?
I am interested in a duplex that is in my local area. I have ran the numbers through the BiggerPockets calculator and the rental rates will not let the numbers work. Using the property insights under tools it shows th...
Chris D.
Raising Capital for a 100 unit complex, confused on something....
ok, so i am a little confused on this raising capital for a down payment, maybe someone can explain it to me how it works. There is a 100 unit apartment complex for 6 million. I would have to put down 25%, so I would ...
Blaine Cox
Starting out, confused on getting money back out with BRRRR....
I have a question in regards to staring out with not being able to put $ down. For an easy example, say I purchase a property for $100,000. If I need 20% down plus say $10k in rehab costs that puts me cash in at $30...
Mike Harris
How does the Cash out Refinance process works I’m confused
How does the cash out refinance works I’m confused is it all about how much Equity you have in the property?
Moises R.
My first tenant turnover. I'm a little confused.. Please help
My tenant will be leaving October 15. I have a family that wants to move in Nov 1st. The new family would like to see the property before they commit to it. And I would need to screen them.
Do I need to wait until t...
Jessie Creighton
I'm confused on how this hard money lender thing works?
Hi all, I'm looking to find my first flip in windham Maine area, and found a great agent. I need to have financing lined up before making any offers I'm told, but it was my understanding that hard lenders need the dea...