Hello fellow BP enthusiasts,I was approached by an investor I know to loan money for a flip project. I know the investor well and he has been a successful and busy wholesaler. He is looking for: "$110k for acquisition...
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Does anyone have experience with Fundrise or Realty Mogul? If so, please share your experience. I've noticed the fees are comparable to a brokerage account.
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I'm still a while off from needing these answers, but out of curiosity...How stringent is the $1million net worth requirement to become an accredited investor? Is it to the penny, or is it more of a rounding thing (so...
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My family and I are looking into moving into a single family residence as we have outgrown our condo. Planning to do a rental for now. Found a house we really like and was asked to submit a family photo as part of the...
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I love upvoting good posts. And I love reading good advice, strategy and what have you...however we need a way to separate the bad and the spam from the good. And it needs to be easy.
It's time for a downvote button...
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Hello, People of BP!I want to know how those of you who are out of state investors do it. Do you actually travel/drive/fly to do a walkthrough on the property before you make an offer? I feel like that lapse in time c...
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I've just come across two triplexes from a very motivated seller. He's looking to sell as-is and only needs to pay off his mortgage amounts left over on the properties. Not all units are currently rented due to wha...
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I've noticed many investors caution (or pretty much flat out say avoid PMIs on loans) but why? I am analyzing the scenario with a deal of mine. Below are the numbers:Property Price: $47.5KProjected Rent: $675At 20% ...
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Hi. I am a prospective tenant in Cleveland, Ohio. My SO and I completed application on Tuesday and payed fee immediately for rental property. LL followed up next day stating she received applications and fee. It has b...
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I was wondering if people have or know if it is possible to get a loan from a friend to put a down payment down on a home. With this loan you would be paying off someone that helped you make the DP.