Jimmy Lieu
Am I understanding the BRRR method correctly?
I am primarily confused with how to get my money out to repeat the process.
Let's say I use HML and put 20% down on a 100k property so I get an 80k loan from the HML. The rehab cost is 50k borrowed from HML. The clos...
Luka Jozic
Trying to understand the numbers for BRRRR
Hi folks, I started out last year and just recently bought my second property. I am now in a position where I can buy cash and I figured instead of just buying nice properties until I run out of money, I want to super...
Mohammed Rahman
Understanding commercial lease commission payout term/wording
Hello BP community!
I recently closed a commercial lease transaction and needed some help understanding the commission payout structure. Although the broker explained it to me over the phone, I didn't make a note of ...
Tai Nguyen
Help with a deal I dont understand
I am starting out and as I am browsing, there is a deal that I dont really understand: 581 La Salle St, Redlands, CA 92374 | MLS #11174210 | ZillowCould anyone explain the deal to me? And if you decide to get on the d...
Julie Washburn
Issue with CPA understanding Real Estate Professional
I am a Real Estate Professional, but I seem to be having trouble with my CPA understanding how to account for this. 2022 was my first year as a Real Estate Professional. My husband has a W-2 job with a large amount of...
Paulette L.
Get Pre-approval and understand the process
Hi there,
I am looking to secure preapproval to purchase somewhere in California, or possibly Florida. Would anyone recommend a great mortgage lender?
Thank you,Paulette
Jeremiah Pedersen
Milwaukee, I need help understanding the city
Im reaching out because we're looking at purchasing some rental properties to flip in Milwaukee. The issue i have is that I am not familiar with Milwaukee and was hoping that you could spare a few minutes to help edu...
Charlie Koonce
Understanding pricing on a tax sale property
I have found a property online that was foreclosed on because of unpaid taxes. The online price is $13000+, but when I looked up the in-arrears taxes owed, this was about $23,000. I will go to the tax office when th...
Justin Montoya
Help understanding agent disclosure and brokerage rules
Hello all, I'm an aspiring investor in Utah and have decided to get my RE license. My plan is to make calls to the east coast (SC, GA, FL) from 630-830 my time every morning, trying to lock up some wholesale deals and...
Ram Chandrasekaran
Help me Understand these Legal Terms, please
Team
I spoke to my attorney about the Wholesaling Contracts and Forms that I obtained from a product I bought. He reviewed and said things are good but started talking about my Wholesaling and wanted me to make sure t...