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Hello, I have a 6 unit residential property I want to buy in California. I was looking to acquiring it using owner financing since the owners own it free and clear but the owner will only do if I put 50% down. I menti...
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Hi everyone,My understanding of the BRRRR method doesn't seem to be aligned with what I'm getting from the 5 portfolio lenders I've talked to in Arkansas. I'm being told by everyone that they will lend 80% LTV OR Loan...
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New research shows that flippers and investors are more responsible for the housing crash of 2008 and near economic collapse, then subprime borrowers per this article
https://qz.com/1064061/house-flippers-triggered-...
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Did you start from single family? Family already in the real estate business? Those are just a few examples. I am curious to know how everyone got started. Please forgive me if someone has a topic like this already.
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Hello AllAs you all know for a residential property we provide pre-approval for loan along with the offer. Will that be same for Commercial properties too? Is pre approval letter mandatory? Does commercial lender loo...
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Hi All,I'm in preliminary talks to pick up a 6 unit with 15% carry back option with another 5% down from another investor, leaving me with 5% skin in the game. I was hoping if some people on BP would take a look at th...
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Are there any quick and dirty tips to evaluate mobile home deals in which the mobile in question sits on a park?
It's a $5k trailer with $400 lot rent. To me, that seems like putting 5k down on a SFH and paying a $4...
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Hi, I have a property in Schererville, IN that I'm looking to get under contract that is a 4 bedroom home around 2700 sq ft with a partial basement of 800 sq ft. This home is worth between 230 to 250k and the purchase...
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Hi guys, I'm pretty new to BP and relatively new to Real estate investing, so if you guys have any suggestions and better ideas feel free to say it I'm pretty open minded to anyone's ideas as I am trying to learn alon...
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I have always loved real estate investing. I've studied it off an on for a few years. After some very traumatic experiences last year I figured it was time to get my feet wet.
I probably looked at over 60 houses &am...