Most of the books, blogs, podcasts, etc...that I've read and listened to suggests not purchasing a property for BRRRR more than 70% ARV less the rehab costs. I understand that once you refinance, most lenders will loa...
If you are in the middle of your flip, or any degree prior to ready for listing status, and you find an awesome deal that can be the next flip, how can you go ahead & purchase while capital is tied up in the first...
Hello folks, first time posted here - been here on BP for a few years now. I came across a property where the buyer is in foreclosure (NOD) as of a few weeks ago in CA; purchased it some years ago. I've requested a ...
What is your strategy for asking for owner financing on houses you will keep long term? Either as rentals or vacation properties
Hello all!
My most recent post was in regards to the FHA "90 day flipping rule" and had I read J Scott's book (which I have since purchased and read) I would have known the answers. But anyway...
Here is my situa...
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
I always hear success stories about someone who aquired a numerous amount of rental properties in short amount of time like 5-10 years. And by numerous I mean 25-75 rental properties. How does one aquire so many in s...
Found a deal that needs to be closed before I can get financing lined up. Looking for advice. I will give yeah my current details. Deal: Purchase price of $45,000. Option 1? I am in a position to close quickly w...
BP family I wanted to run this by all of you and please tell me what you think. I have a seller, who will be selling their mother's house since she will be going into a nursing home. The money gain for selling th...
Is it possible to refinance a Hard money loan into a FHA loan?I'd love to hear anyones feedback on this or another strategy that does work. Thank you!