Mary St.Clair
Investing with a business partner
I would like some feedback on how members have formed partnerships with another individual to invest in SFH and/or small multi family units. Legally and/or logistically what has worked. Who brings what to the table?...
Kyle Mack
Borrowing more than purchase price
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
Zulu Black
Is this deal worth it?
I'm interested in buying a 4plex as a primary in NYC at 1.3m. However, I only have enough funds for 12% downpayment. I'm not able to go the FHA route because the property will not pass the self sufficient test. The cu...
Yoni R.
70% ARV rule
I'm interested in knowing how many investors here in the forum are successful in buying their properties for 70% of the ARV? How realistic is this?
Would love to see a vote of some sort and hear stories or advice.
...
Bienes Raices
Increasing the EMD in a short sale offer?
In an MLS short sale, does increasing your EMD help in the same way that it does with an REO? Or should I just offer the minimum that the seller/bank is asking?
Jacob Horan
Don't give away your good ideas
So I learned a valuable lesson today . I checked out a local mls listing that was owned by investors. The home is in the Santa Cruz mountains and has a current redtag .
To make a long story short the home has erosion ...
Valerie Copeland
Placing a property on Section 8
Does anyone have some input on putting a property on Section 8, I've heard good and bad things....Please advise...Thanks
Giles Fernald
Need help with a house with a rented detached garage apartment
HELP!! I have a 3 bedroom 2 1/2 bath house with a detached 2 car garage with a studio apartment above the garage. Here is my problem: I am renting the house out without use of the garage. The garage apartment is a stu...
Justin Wilcox
How to get a second income home without 20% down?
I am already living in my my own home that I purchased about three months ago and finished the renovations in it. I have found a property that I am positive I can cashflow $7-750 a month. The issue is that I don't ha...
Corbin Wafford
How to: Approaching a partnership with little capital?
Hey BP,For those of you that have successfully done a deal with a partner(s), how can one approach a partnership deal without bringing much capital to the table?I feel like it would almost be along the lines of findin...