Hi BP,I have been reading about this 70% rule for house flipping. I analyzed a few fixer properties here in Bay Area and Sacramento.Honestly, I dont understand how the 70% rule will work.Here is an example:A property ...
We have a signed contract on a rental office building, closing is scheduled for April 2nd 2018, is it too late to look into 1031 Exchange ?Are DST properties usually priced 10 - 15% higher than comparable Non 1031 pro...
According to BRRRR strategy this home wouldn't work. But I wanted to hear the feedback from the forum. I'd be buying to hold and rentingPurchase Price $145KRehab $25-$30ARV $190KRent $1700I have a lender that will lo...
I am putting together my first multi family deal
I need advise how to structure the deal with investors.
I am bank fInancIng 75%
I wIll be putting down 6.25 cash and I wIll be brIngIng In 3 more Investors who bring 6....
I am a newbie working on 2nd SFH deal, which will become a rental. I would like to put a request for seller financing in letter of intent to purchase, but don't really understand how it works. Who does the paperwork...
Hey everyone! I haven't been as active as I would have liked to be in BP but have been busying Flipping homes here in South Florida. Somehow we got the attention of of a Production Company and my wife and I were jus...
Hey all, I am looking for some advice on how to structure a partnership with a developer. The developer will be doing all the "work" from identifying the site, land acquisition, and bringing the project to completion/...
Hi BP Community,
I am currently looking into a 19-unit apartment complex in Chicago and after speaking with other investors, the term "preferred return" kept popping up. Can someone provide a simple example as to how...
Just curious as I'm using the fix and flip calculator, but what's the least amount of profit you'd want to make on a home where the ARV would be $200k? I'm just trying to get an idea of what's a good deal or not for f...
A house I'm looking at flipping that is 1350 square feet but the garage would make a great add-on for 625 square feet extra . I think to refinish the garage would cost about 15K . It would bring down the cost per...