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Hello all, newer investor here is starting out with a fire-damaged property too much to handle for a first deal? I know everyone's risk tolerance is different but would it be best to avoid and start with something mor...
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Hi DFW market had been on my radar for a long time and finally I have been able to purchase rentals in this area. Being an out of state investor, I was not able to do good enough property research before bringing them...
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Hey BP,So I have had some issues with my property. This is my first deal/property. It’s a top/bottom duplex in New. Jersey I closed in October, had credit fraud done in November. Forcing me to do all the renovations o...
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I read that hard money lenders can supply wholesalers with investors and flippers/rehabers for your deal because in the end they get to make money from your deal by having the investor take a loan. How would a wholesa...
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In process to buy my first rental before this virus caused major impact. Condo for 125k, basically turn key ($1k repair), a month ago could likely rent for $1400 giving me about 8% cash on cash return (after 5% repai...
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Hello everyone this is my first time purchasing a property in a short sale and I don't know the ins and outs of this type of purchase. I have a contract to purchase a short sale single family home for 65k the rehab is...
How long on average does it take to flip a house?Is there any law that requires a flipper to have a house flipped by a certain time?Do they buy homes that are foreclosed and up for auction?On average how much money do...
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My husband and I are new and looking to get into apartment rentals maybe one big one or a couple small. We don't know how to find lenders or cash buyers NEED HELP PLEASE!!! Any feedback is appreciated.
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Hello BP community! Is there a way to bring a partner into a deal I already own? I have heard about getting the house under contract and use OPM to buy it, but in this case I already bought the property and is cash fl...
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Hi everyone. I've just setup an LLC to hold property title and have learned that lenders won't (or are likely not to) lend to my LLC without a personal guarantee from me. As I don't want to be personally liable for ...