Anthony Lowe
Beginner in real estate investing. Looking for advice
Hi all, looking for advice on a few different topics. I am new to real estate investing (i've never invested, but have decided that this is something that I want to be a part of and have begun learning and doing resea...
Justin Rucker
Questions about BRRRR
So I am researching this strategy.
When going to the bank to make sure they will refinance my property before I purchase it with hard money or private money. What kind of loan is this that I am asking for? Is it a c...
Edwin Saldivar
New Construction of 2 homes then Cash Out Refinance
Hello, i am looking at using a HML to fund my construction of 2 homes. I buy the lot cash, split the lots in 2, and build 2 single family homes. Once my construction is complete, can i do an immediate cash out refinan...
Prolet Miteva
How do you count syndication investment as part of net worth?
Hi,i was trying to find an answer to this question, but nothing came up in BP or google. Here is the situation. I have invested in a couple of syndications and then I started wondering how is my net worth calculated. ...
Phil Haynes
Trailer Park without owner the land
I have found an opportunity that look's good on paper but not sure if I should pursue it.
I originally thought it was a mobile home park with 45 units but it turns out it's 45 units within a mobile home park.
We'd n...
Hannah Joy
Sweat equity and taxes
Hi all, my friend is purchasing a fourplex all cash and adding me to the purchase as an additional buyer (I'll be doing the renovations and we split revenue and equity 50/50). If I don't contribute financially at all ...
Daniel G.
Partner's Outside Basis Change After Payback
Hi, I'll do my best to make my question as simple as possible to understand. Suppose that a sponsor raises capital for a multifamily property acquisition between himself (General partner) and other limited partners. T...
George Red
Rolling funds into next purchase, what cost basis?
A hypothetical to see how people factor costs when rolling equity forward into additional purchases.For this example assume you purchased property “A” for 100k, and put 25% down. 2 years later you sell it for 125k so...
Wasam Hawari
Advice on House Hacking in San Diego, CA
Hi BP SD Community, I am an investor moving from Sacramento, CA to San Diego, CA for work. Instead of renting, I was looking into house hacking a Multi-Family property (rent one unit out and live in the other). I pref...
Kelvin Letron Brantley
Need Feedback on My Wholesale Process
I’d like to get some feedback on this wholesale process. I settled on this process for wholesaling properties that are far from my home base.
1. Initial phone conversation with seller about property
2. Run comps...