Ebony S.
How to Pay Out Private Money Investors
Hi BP, thanks for your help!I'm about to close on my 1st flip. For the deal, I used private investor money in addition to my own and hard money.I was wondering what you thought the best way to pay out my investors wou...
Alexia Williams
Family land ideas- MHP?
Hello. My family owns about 50+ acres about 45 mi outside of Raleigh, NC. We all want to receive a profit from the sale, but could not agree on a proper price. The highest offer was 1.2M so we tossed around the idea ...
David Thompson
12 units BRRRR Wichita KS
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $170,000
Cash invested: $205,000
Purchased 12 units (three quads) for $170,000 rehabbed for $205,000. Apprais...
Kevin Koehler
BRRRR, House Hack, Foreclosure Trifecta
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Ithaca.
Purchase price: $230,000
Cash invested: $46,000
Purchased as a foreclosure. I remodeled the kitchen in two of the...
Patrick Shep
Cash cow #1
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Plainfield.
Purchase price: $105,000
Cash invested: $35,000
Purchased as a duplex 3/1 flats. Renting by the room.
Cash fl...
Account Closed
How to structure private 2nd lien behind hard money 1st
I have a couple investors interested in making initial investments with my RE biz. I'm looking to structure their investments in the 2nd lien position behind the hard money 1st position. Will this pose a problem with ...
Francisco Escobar
1% Rule - 1% of what
Hey everyone, I'm starting to analyze houses on the market and I'm curious if the 1% rule applies to the purchase price or if we should throw add the estimated cost of repairs? I'm seeing some homes where rents, say ...
Darren Berg
Partnership gone wrong
I started in a partnership 3 years ago. I was the money man and a seasoned REI guy was going to be the operations. I have gotten all my money back in refinances from my initial investment, but my partner is not fulfil...
Jason Boritz
New York City market
I am starting to do research on the New York City market. Would love to connect with individuals who have extensive knowledge on this market.
Jordan Akins
Should i refinance?
I have owned 2 houses on the same lot and have been renting them out for about 10 years now. My initial investment was around $120-$130k. I have paid them down to $57k. I think they would appraise for around $150k. Sh...