Hi Everyone,What is the best way to scale my multi-unit portfolio? I currently have 2 duplexes; I acquired my first one in 2019 using a 3.5% down FHA loan, and my second one in 2021 using a 15% conventional loan. Of t...
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I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
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Hello fellow investors,After running my real estate company for 10+ years, and completing numerous value add plays, I am looking to scale up and go after bigger (commercial) projects. In the past, I have raised $100,...
Hey BP, Have any of you used gap funding for your flips to cover the closings costs so you can scale and do more at a time or what are you doing? I can do about 2 at a time but the closing costs and budget overages k...
Found a 38 lot park that has been totally run down. Basically 0 income. 38 lots with water and sewer. All the homes will need to be removed and the roads re-scraped. My idea is to buy new mobile homes a few at a time,...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $160,000
Cash invested: $10,000
An on market townhome turned cash cow student rental!
How did you find this deal and ho...
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My husband and I have an LLC flipping houses. We are currently working on our 3rd investment property. He does most of the labor, I do all the designing / bookkeeping and painting. With him being the only person o...
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I'm an out-of-state investor investing in Charlotte. I recently purchased my first SFH completely remotely. For my next project, I want to improve my cash flow with a flip. I would appreciate some advice from experien...
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Hello BP community. Our company True Neighbor is gaining traction for scaling fix and flips. We completed 3 in 2019, 9 in 2020, and we are set to complete 10 already this year by April/May. We currently have $3MM in b...
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I am about to purchase a SFH that cash flows just a bit with 35%-40% down.Moving forward, I am deliberating between 2 strategies regarding paying down the mortgage (6.85%) and would love to hear more experienced peopl...