I have spoken with a hard money lender but am still a little confused. He wants me to a joint venture which means he will fund the project 100% and do a 60/40 split if i get it done in 4 months. If it takes longer it...
So I'm looking to start a house flipping business in a few years, I just need to save up capital before I begin, and that's what I'm looking to do by becoming a real estate agent. Although there is more I need to lear...
I've been listening to BPP for two years now and the time has finally come. I had the oppurtunity to get into a "first look", submit an offer, and now were in escrow before the house was even listed. The house is a 3/...
I have one 2 family under my belt. Currently holding it successfully with cash flow. A relative watched me do this and now wants to do the next one with me. He may have some buddies who also want in. Not exactly s...
Dear fellow investors,I am under contract to purchase a facility. The current assessment is about half of the purchase price so the real estate tax will go significant up. My attorney recommended that I consider split...
Do investors accept a, say, 3-5 year investment term, which ends in a refinance, where all their capital, preferred return, and appreciation split are paid back and the investor-sponsor partnership is terminated? If ...
In preparation to become a real estate investor, the most essential step to take is establishing your investment goals.
What do you want investing to do for your life? Are you in pursuit of passive income to match y...
Assuming the potential deal you are analyzing meets your target IRR for investors (net of fees), what's the best way to determine if the deal make sense from a sponsor/developer's perspective? Is it simply making sure...
Hi - a new landlord here and need some advice. I just rented out a single-family home to two last year in college students ( they are a boyfriend and girlfriend). They did not have a good credit score, but they have a...
My best friend has approached me with a deal, that on paper, is just okay. It's not a homerun deal but it'll cash flow. The deal is in Philadelphia and we are in New York City. Here's the situation:
We are both new t...