Kent Harris
Assigning Rehab Properties
I was looking at the Freedom Mentor program (FMP) and Phil had mentioned something about assigning the property instead of purchasing it and having a crew do the renovations. I have found a GC that went bankrupt after...
Alex L.
Looking to build my first single family house
I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single famil...
Patrick Donley
What's a fair split on a rehab flip?
Hi Everyone:I'm partnering with a financial investor on a rehab that we will flip. I have found the deal, will close on it and will do the entire project management on the house. He wants me to have skin in the game...
Kiraat Boukhari
Foreclosure repair analysis
Hi.What is best way for repair cost estimates on foreclosure property ?Is there any formula ?
Cecilia Hake
Closing Costs for wholesale????
I found a property off the market and the seller was motivated. Right now the agent that the seller is using put together a PA and I asked if the sellers are paying the closing costs. The sellers and agent know I am g...
Katy Fry
Credit Score Issues
HiI am currently looking at purchasing a 50-60k rental property. My first. I am looking for a loan for that property but it is a little bit of a "non-conforming" property and I also don't have the 20% down for a con...
Joshua Christensen
We earned a 62% ROI on this FLIP! in 8 weeks!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,700
Cash invested: $85,000
Sale price: $250,000
This foreclosure sat neglected for nearly 6 years. In jus...
Rory Cox
Paying Off Loan vs Re-Investing Cash Flow?
What are some thoughts on saving cash flow vs paying off mortgage faster? Spoke with an older investor today who likes paying off mortgage faster. But could be bc he's been in the game so long he has excess cash flow ...
Joseph Morales
Cookie Cutter, Architect, Engineer Questions
I purchased a house in 2008. I spent 3 years renovating it by myself. I had it rented out for the past 7 years give or take. I am in the process of selling right now. I am not an expert in the Real Estate game. Howev...
Mike Kinder
Investor Partners: Skin or Profit
Please elaborate for me, the partner relationship of Builder and Private Money Investor, that is so elusive. ? One deal in particular: I had the opportunity of working 50/50 on net profits, with a private money inves...