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Our structure is I buy, partner rehabs, we split profits. We are typically in 60/40 up front (me 60) and split profits 50/50 on the selling of property. I have a few friends that want to give me (my LLC) their money t...
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Hello BP,I have been a member for several months; sitting in the back rows taking in all the information given by all BP members. I've invested in gurus and courses but I must sincerely admit that most of my knowledge...
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I am currently trying to build/rebuild my credit. I got sick while in university and defaulted on a student loan. This and my medical bills wrecked my credit. I believe the medical bills will be removed from my cr...
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Hello everybody, I"m new to BP and first wanted introduce myself. My name's Jonathan and I'm 18 years old living in South Florida. I recently came across the idea of becoming a real estate investor from a commercial I...
Hello everyone! My name is Michael Glaspie. I am starting the process of purchasing my FIRST rental property. My strategy will be to buy and hold and This unit will be a multi-family tri-plex if the deal goes through....
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Hello,After rehabbing a two-family in Cincinnati, I am now beginning to pursue a cash-out refinance. My initial discussion with Quicken has led me to believe that some of the governmental guidelines around these mort...
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Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fee for ...
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Hello BP family,Being new, I'm still in the process of getting everything to sink in and digest with all these methods of financing options and need some guidance. My mom has a home (in her name only) and now she woul...
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So found a great 3 bed, 3 bath all brick. Walked the property and later the same day agreed to a price, no contingency. Here’s the issue. Had an inspection and found big issues with the support beams in the crawl s...
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I have done 3 flips in the past that have all made 80k - 100k per flip so I get the aspects of remodeling. I also grew up in construction which makes it nice since I can do about 80% of the work myself, thus the highe...