Tim Hogg
Using hard money the first time
I am new to BP and I am currently looking for my first deal in northern Utah. I am also looking into ways to get the money, so my question: Would you suggest using a hard money lender for my first deal, or only whe...
Reba Vera
Partnering up for flips
Hi BP fam!
Question for those that have partnered with a GC before, how have you structured the partnership?
I have been presented with a partnership opportunity to do flips. Short story: he is our GC who just finis...
Eric P.
AirBnB for RVs? Other outside the box ideas...
I have a family member with a property in the northern part of PA like 10 mins off highway 81. They may be looking to get rid of the property. It has a small cabin on it which could make for a nice Airbnb rental, bu...
Dane Peterson
1/2 Duplex Deal - First Rental Purchase
Today I met with a motivated seller who is about to move out of state for work purposes. Owns his 1/2 duplex with no mortgage. Asking is $80,000 and would be considered retail Asking price being that it's a 1/2 dupl...
Jonah Xu
Student House Buy or Not?
Hello BP,I am looking at a rooming house that is currently rented to students. The house is located at 850m from the University, but it is located 1.5hours from my city. House Description (Currently):13 rooms with 13 ...
Nick Monge
Best way to structure this deal..?
I'm pretty new to real estate investing.. Currently own two SFH. However, I'm trying to get into my first multi family property. I have a deal and I'm sort of lost on how to structure the purchase. Here's the info:It'...
Daniel Coleman
Real Estate Development
Here is my question in the development process, how much are renderings and floor plans and when is the architect paid if you need an actual number to take to the bank to get construction started? Basically when is th...
Eric Claxton
Apartment building refinancing brainstorming.
Hey gang,
I have several new apartment communities that ive bought since january (In TN,NC, & TX). I bought them with a combination of cash and short term note (owed to a family investor). I bought the LLC's that...
Javier Moreno
Financing a home I’m buying from my parents
Hey y’all I wanted to get y’all’s advice with a deal I am currently working on. I am in current talks with my parents to buy their home. They are currently renting it out. They still have a balance on the mortgage. Ab...
Sammy Patel
Analysis needed
We are looking at a 3 bedroom 2 bath condo, short sale in northern Virginia. The current price is $220,000. Needs around $7000 worth of cleanup. Rent is approx. $1750, HOA is $307, annual Taxes is $2794. Looking to pu...