I am a newbie investor, just made an offer on a REO duplex. This is my first deal! It's been on the market for several months. I made a cash offer of $28k, rehab cost is estimated to be $15k, ARV should be $60-$65k, ...
Hello everyone,My name is Paul and this is my first post on BP. I'm a 36 year old Afghanistan and Iraq war veteran (no longer on active duty) looking to purchase my first investment property sometime late next year. ...
Hey everyone!
I am looking to purchase my first house/investment property. I am looking at multi units, duplexes or quad and I have a couple of questions.
• Is it worth me getting the FHA becaus...
Hello Everyone,I recently formed a real estate LLC as a 50/50 partnership. We are looking to have credit cards as an option to:1) Fund an entire Flip2) Pay for materials for a FlipQuestions:1) Should we apply for card...
Let's assume that I can pull out approx. $225,000 in equity from my home. Let's also assume that if I do nothing with it I am able to pay the monthly note to satisfy the loan. Seeing that rates are pretty low right no...
I am looking to buy and hold in the state of Delaware. How does the hard money lending works??? Any advise on things I should know? How long does it take to refinance and pay the lender???
Hey everyone, thanks in advance for anyone that offers up some ideas.
Here's my situation:
I found 2 multi-fam (6 units each) properties that cash flow, even at 100% financing. Each one is going for 300k and each o...
Does anybody have any experience with obtaining a CMBS type loan for hotels? I'm building a new 40 room, limited service hotel in my hometown (cost of $4 million) and I stumbled upon the CMBS program. Wondering if a...
Hi everyone!I'm very new to the BRRRR method (I'm actually still reading the BRRRR bible) so I have a few questions that I've not yet seen addressed within the book. Or, maybe it has, and I just can't seem to find it ...
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...