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Say a typical 2 br house goes for $250,000 and rents for about $1500 in a low priced area. You look at the layout and convert the living room, dining room and laundry room into rental rooms as they all have opening w...
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I feel like I see this everywhere where people on social media are boasting about achieving financial freedom in 2 or 3 years from real estate. Are they just leveraged to the max? I figure most people start out with a...
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Ordinarily a syndication is heavy ownership % on the LP side .. for example 80% LP 20% GP with or without preferred return.My question is and I ask because I heard Podcast where Tim Bratz structures all of his deals t...
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If you’ve ever taken a loan from a bank, you know funding can take months and come with headaches. Experienced investors rely on unconventional ways of financing deals. Two methods of this are private money and hard m...
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I was just talking to a CPA about setting up an LLC to hold my investment property. He cautioned me of this approach (although he thinks it makes sense from asset protection stand point) lenders may not give me mortg...
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I am very concerned as the duplex I am closing on May 2nd has a tenant with a 1 year lease just signed a month ago but the seller won't provide the actual lease, and in the purchase agreement, the condition was to pro...
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A body was found on a piece of property that we have under contract. It is a large tract that sits in a rectangle fashion on two major cross streets with a tear down house on the corner. The area is up and coming but ...
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Hi BP community, I've read extensively about the delayed financing option where I close with my own cash and then am able to refinance using Fannie Mae based on the appraised value. Here is a link the relevant article...
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Hi all - Wondering if anyone has any experience closing their own cash deal without an attorney. I've come across a couple of vacant land parcels that the owner is essentially willing to give away. In this case, the c...
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Hi! So a bit long winded post but I'll try to keep it short.
I have decided (with a partner) to start a real estate investing company. The strategy we will use is buy and hold rental properties out of state. I am...