Chris Hicks
How to let a Private Lender Know I am Serious as a Beginner
Good Afternoon Everyone! I have a private lender in mind that I would like to pitch a deal to. I ran all the numbers on the deal and it all looks great. It is a 3 house portfolio for sale with an 18.8% cap rate and ca...
Dylan Thomas
Seller Financed 2nd Positions for 100% Financing
I'm curious to hear what others in the group have to say about creative financing options in today's market with higher interest rates. This is geared towards commercial properties. I've been talking to brokers and ag...
Justin Tippens
$70K buy and hold...need help
Any advice on acquiring a potential buy and hold in TN, listed at $70K, rehabbed and currently rented at $775/Mo. What are some potential creative ways to get the property without conventional loan?
Michael DeStefano
How much to charge in a security deposit?
I've been mulling this over for a while now and I'm not sure how much is the right amount to charge in a security deposit. So I wanted to get some opinions. My gut says something like "two months the rent" but that ca...
Devin Bost
How to use private loan money to pay down payment?
I'm trying to figure out what my options are for creatively financing the purchase of a plex. I found a banker who is willing to finance to up 75% of a purchase if I can cover the remaining 25% in a down payment.
I ...
Laleh Omaraie
DTI Calculation Confusion
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
Steven Maduro
termites HElp
I have a brick house Thank goodness
It is a duplex
and one side had a termite swarm happen last week
but not the other side
when I was doing renovations I noticed a door casing that had termite holes in it
,my co...
Loc R.
What was your most creative deal?
I'm sure some of the BP veterans here have some great stories to share.
I'll share some creative paper deals in a bit.
Eric Engelson
Seminars
Are Fortune Builders' 3 day workshops worth the $197.00 for the two of us?
My wife & I have renovated a number of houses but only as residents. After a few years we've sold them. I'm now interested in s...
Anne Williams
Feeling stuck- what would you do?
So I started my very first flip in August w a target finish in early October. Details below.. a few surprises but on track to pull down the ARV and make around 30 k.So we put it on the market listed way too high the...