Winston Spence
203K Loan For HUD Home
How do I get a 203K loan on a HUD home? I know I have to pay the earnest deposit either $500 or $1,000. Does this take the place of the 3.5% down? And if I'm bidding online how do I add in the rehab costs with the ...
Emilio Basa
How to Structure Equity / Credit Partners
Hi everyone,If any one out there can give me some advice on setting up a deal with equity / credit partners that would be extremely helpful. I have an off-market commercial multi-family (15 units) and I have 3 invest...
Luca Giani
Flip Houses: LLC and operating agreement?
Hello,I am planning to start with the first flip in Southern California. I know the market is not the best for this kind of operation at the moment but if I will find the right deal we are ready to pull the trigger.I ...
Reginald Dave
Deal Or No Deal
Hi Everyone : Newbie Here Asking a question .I found a single family home. This is what I got so far. Just wanting to know your thoughts. House needs about 5k in upgrades to be rented out. Does this look like a Deal O...
Joshua Fass
How much cash needed beyond acquisition of MF building?
BPers,Is there a rule of thumb about how much cash you should keep on hand, beyond the aquisition cost? As I am drafting my budget for my first MF Apartment acquisition, I want to make sure I am not over-leveraged.Str...
Holli Phillips
Local Portfolio Manager
Does anyone work with a local person that does these duties listed below? Maximizing investments by buying properties from other sources, sales, and auctions ($2500-$20k per property)Obtaining rehab budgets, cap rate...
Antonio Chelala
Long Distance Investing + Seller Financing
Hello all,I hope you are doing well.I am currently looking to purchase my first investment property in the next few months. However, I am currently hesitating if purchasing a property I have never seen is a good idea ...
Mike Holman
New Member/Investor Introduction
Hello, wanted to quickly introduce myself.
I'm Mike, married with two young kids living west of Minneapolis and I turn 40 this year. My wife and I both work and have contributed enough to our retirement funds that w...
Robert Ferrar
Deal Analysis: Multi-Family (Easton, PA)
Hi All - Thanks in advance for any suggestions / insights / recommendations.
My partner and I have crunched the numbers and it looks like a good deal to us, would like the greater opinion of the BP community. I plan...
Jonathan Paul Shortt
SF Rental vs. Multifamily Syndication
I know this topic has been discussed within the forums, but I have struggled to find guidance. As an accredited investor, with all of the platforms and tools we have available to us now, is there any benefit in buying...