Hey BP Community!I'm trying to learn about RE Investing. I'm 14. I've heard the term "Equity Partner" a few times recently. I don't really understand how Equity Partners work. Can someone please explain this to me?Tha...
I just purchased my second property last month and im trying to figure out what i can do to get my third property in a shorter amount of time than it took me to get my second. My first property i purchased through my ...
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...
The middle class lifestyle is often financed by debt."Americans are holding a fantasy view of their piece of the American dream\middle class membership. Their membership in the middle class is based on a perceived mem...
I’m looking to purchase another property and rent this current one out how can I do this when my debt to income is already so high and almost maxed. I’m confused on how people can have so many rentals lol
Hi All,Quick background;I own a property (single family home) in Kansas City, MO, I paid $42,000 USD for the property, settled Jan 2017The property is owned outright with no debt, thus I’m exploring financing options ...
I have an offer on a multi that has a $3000 monthly net. I could take the offer and use the money to eliminate $1700 monthly debt service on 2 other buildings and own them free and clear. Do I take the offer for the...
I am not sure the best way to ask this. When comparing similar commercial (NNN retail) properties, is there a method of estimating the sales price based on the remaining terms of the lease?
EXAMPLE: There are two...
Hi Everyone, I am a Realtor and I have been working very hard over the winter gathering a list of 2700 Multifamily leads. I am reaching out to you all because I would appreciate your thoughts/advice on how you would a...