I know this will be different for everyone, but I wanted to get a general sense of wholesalers' terms and what's considered standard practice.
For example, I am in talks with a group that fulfills multiple roles: w...
What sort of "deals" are investors from Canada (ottawa, ontario) finding? and what are the approximate ratio's of offers to accepted offers?Specifically looking at SFH up to 4 plex, typical % reduction from ARV that y...
My goal is to start with a duplex and have it financed through an FHA loan. Having money saved for the down payment is obviously a first step. But what do you recommend I have saved in addition to that? What list of f...
I am looking to get started in investing. I have a lender/friend who is offering a line of credit up to $50K. His terms are 12.5%APR and a 50/50 spilt on net profits. Thoughts from the group?
I am partially through my first 1031 exchange and I have to say I found the QI I used to be thoroughly underwhelming and not worth the 1k I paid for the service.
I received no advice at any time during the identifi...
Hi all,I recently started looking into mortgage rates for multifamily investment properties. I got one quote from Chase and I am looking at other providers as well but the quote from Chase is as followsProvider: Chase...
What are the typical terms a hard money lender looks for? Is $10,000 sufficient to show hard money lender I have skin in the game? Is it okay to get a great property under contract while not exactly knowing where my f...
Howdy BP friends. I have recently decided to shift my business focus away from the typical MF and SFR to mobile home parks. I have a good handle on bank financing when it comes to single family, but I have no idea wha...
When bringing in private money investors to buy large MF complexes, what are typical splits for cash flow and equity at sale between managing member and non-managing members?
Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.
Thanks