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...
Seeing as this is the New Construction forum and a lot of the questions are some version of “how much does it cost to build X” I thought I would share some real numbers and experience from a project we currently have ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $10,000
Cash invested: $32,000
This was originally a two bedroom house upstairs with kitchen dining room living r...
Hello, some may say anything is possible, but realistically, how possible is this? This thought came across my mind after I had three properties that I should be closing on in one week. The thing is, I don't have an...
Okay I have decided to put my question in front of the knowledgable....I have been thinking about how to proceed and I keep sitting on the fence as I am not sure what option is the best option....I am fairly new to BP...
Hey folks - I’m interested to hear how others have gotten past funding bottlenecks for new construction projects. I’ve had success with infill development, exiting through a sale at the end, but have reached a bottlen...
Hello Everyone!Just so you get an idea I flip single family homes. Sometimes I do complete tear downs and rebuilds and other times I do gut renovations and/or additions (depending on what the situation calls for). Up ...