Startup Pays Cash to Buy Homes, Flip Them: OpenDoor’s approach appeals to sellers who need to move quickly
Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
Hey everyone,I hope this discussion will reach people in the Chicago land area.As the title states my question is if in the general area of chicago, is flipping getting more difficult? I want to ask this in 2 ways. 1...
Hello all,I listened to Dr. Joe Asamoah's two interviews on the BP podcast (#356 and #498) and was quite inspired by what he's doing. Does anyone have any insights or experience with trying out this strategy in the No...
I am investigating using a hard money lender in the Akron/Canton area for a Flip or BRRRR. I'd love to hear your positive and negative feedback on HML in the Northeast Ohio area.Thanks in the advance.Kyle Scelza
I've heard on more than one occasion (in countless podcasts), that I need to be making several offers a week.I'm a brand new investor and as yet have not completed my 1st deal. I have not gotten any good leads from my...
I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...
So I reviewed the test that I failed today. I came across a question that I thought would interest you guys.
You buy a property at 25% below listing price. Six months later, you sell that property for the original l...
I have some vacant lots in New Bern, North Carolina. My original thought was to purchase the lots for cheap, and later flip the lots themselves in time. I've been told from my partner that builders were looking at b...
I have a client who does about 12 flips a year and he uses us for the rehab financing. His work is excellent and he has tremendous success.
Recently he called me and said he is thinking of doing higher-end fl...