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HelloI have a guy who wants to sell his 3 family. No mortgage and it is worth roughly 800k. I have a 100k I can use for the purchase. I am trying to show him the benefits of an installment sale however I have never do...
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Hello fellow investors in California,I need your advise about purchasing real estate property in LA area ( like Westwood, Culver city, Brentwood, Santa Monica).I am interested in 2 beds 2 baths condo/townhouse/house b...
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HelloI started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step. My initial...
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Hi everyone
Wow, it's been over a decade since I was on BP, nice to be back.
My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. After doing this f...
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So, I was browsing the Internet and found this article on Bankrate and since I know there are some wealthy BPers on this forum, I thought I would ask what your opinions are. I'm a saving and a believer of a pen...
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I just got approved for a 180k HELOC and I am looking to start buying STRs. I currently live in orange county CA and am looking at the Smoky mountains and Joshua tree. How do I make the most out of my 180k? Which mark...
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Let's compare a simple wholesaler's deal to to the same deal as an exchangor:
ARV is 200k,
Repairs are 30k,
As is value 150k,
Purchase price is 70% of ARV minus repairs and 10k assignment fee so 100k.
Wholesaler ass...
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Who typically keeps the reserve account in a large multifamily transaction, buyer or seller?
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Hello All;
I am looking for the advice and I choose this forum, because my problems are close related to money management and investment.
To make very long story short, after the most dirty divorce I was left with n...
Hi All,
Just for some background info, I am a 22 year old college student with a bank account representative of your average college student. I have approximately 3 years of experience in real estate, initially worki...