Hello everyone, so the first couple of rentals I have have been basically turnkey properties, we’ve done some painting, changed out fixtures and appliances and minor repairs but I’m looking to get more equity up front...
Just starting out, Plan to do my first flip this year. But still no clue for where to start out.Could anyone be so kind to share some experiences on your first flip? Questions are, but not limited to:From what source ...
When bringing in private money investors to buy large MF complexes, what are typical splits for cash flow and equity at sale between managing member and non-managing members?
Had multiple guys reach out to me on several projects. When I say email me your contractor license and insurance info, I never hear from them again. Am I off track? How are you ensuring folks are legit?
i was wondering if anyone has come up with a generic worksheet/contract form for rehabs? i'm working on putting one together, but would love to see what some others have.
thanks
jim
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $136,000
Cash invested: $90,000
Sale price: $260,000
full renovation from studs
What made you interest...
I am looking to find around 50k to fund a deal myself . I’m only 20 years old and credit isn’t all that good. Is there anyone out there who knows of any company that could provide a loan solely based upon the project ...
Hey Everyone! I moved to Minneapolis about a year and half ago but only joined BP last December after I heard about it through my brother. Since then I've been educating myself through numerous books and podcasts. I'm...
Hello, I'm looking to develop 7 acres that I have (Free and Clear) into a self storage facility (Mainly Parking, not much Real Property). Would I be able to use my Single Family LTR as collateral in a DSCR loan for co...
Several Basic Fraud Schemes to Note:
I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach...