All:I did my first flip earlier this year for proof of concept. 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor) . I am finishing my second one, which is going to be about 80k all-in, ex...
9 month negotiation - 3 bpos - crappy attorney negotiator -- brought $2800 for second lender - lost 3 buyers - had two extensions on first - miner issues at closings and finally double closed
$26,000 net profit
Shor...
So, first off, I'm a newbie. I've done some research and networking and now I'm ready to put together a team to get started investing in notes. I'm most interested in non-performing 1st and 2nd lien notes. I'm reas...
I received my first application for a renter. They seem eager to rent, filled out the application on the spot and turned in application fee. From the application, they are partners. One person seems like they have ...
Hello, What are some creative financing tactics and strategies that you have used to fund a deal with zero out of pocket?
Hey everyone,
I’m currently managing a rental property, and my tenants have been there for a few months now. Looking back at my records, I realized I never received their proof of renters insurance, which was a requi...
I was looking for an apartment last month, I never rented in my life. I asked here and there and more or less I knew something about, you give a deposit with the application and so on...but well here is when my proble...
Hello BP,
I purchased a 5+ unit property in the past year where the seller carried financing and he currently holds a note. He contacted me seeing if I could cash him out and he would agree to reduce the principle of...
My tenant ( an excellent one ) of 2 years informed me she will not sign a new lease and wants to move , however , since no one is showing apartments now she would like to pay month by month until crisis ends. I d...
I found a great property with good income but bad cap rate for the location. Current owner over spent to rehab the small multi. The area is a c area but owner rehab for a area.
Listed for sale for over 18 months, ove...