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What is decent rate for fix and flip who starting first deal. If Purchase parice around 150k and 50k rehab.
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Hello BP, I have a strategy that I wish to ask members that I'm unsure about. First, I'm having a hard time getting funded given many circumstances (Lack of funds, income, etc, etc). I know that I can get into this re...
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So, let's say I own a property worth $300,000 in one city that cash flows decently, but in another city, two hours away (where I moved from), properties are much less expensive per quality and cash flow like crazy. Is...
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I have an end goal of creating an owner financed note. I know that there must be fix and flip or buy and hold investors in the St. Louis area that would like to use leverage and alternatives to bank financing. Pleas...
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Need help figuring out this partnership agreement!
My partner and I are preparing to conduct our second REO rehab together. We completed one a few months ago and were happy with the results.
We do most of the reha...
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Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
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I didn't get a response in another thread so I'll try here since this is for people who are starting out:
What is Flipping? Is it the same as buying a reasonable house/foreclosure, fixing it up and selling it for mor...
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I am the only tenant getting a rent increase. Is this allowed? 2 weeks ago, the landlord told me I better move out because he was tired of fixing the toilet. It keeps getting loose from the floor and he said I (a dis...
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A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
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I have a neighbor that is in a distressed situation. She is in foreclosure, with a primary mortgage, secondary mortgage, and an additional lien on the property. She wants to sell, pay off all her debt, and move out of...