My question is in regard to a hard money lending outfit. The way deals are capitalized is this: an investor would fund 10% of a typical fix and flip - maybe a SFD, maybe a quad, something like that. So about $15k - $5...
So I've read in multiple forums that a down payment on a conventional mortgage cannot be borrowed. To me this implies that Lines of Credit, Private Money, etc cannot be used for the down payment the bank is expecting...
BP has put the fire under my feet to start learning more and seeing some of this in action. I decided to go to the local courthouse this morning to watch a live auction. It was fun to watch.Much calmer and informal th...
Hey everyone!I've been lurking BiggerPockets for a while now and delved into the real estate game at the beginning of this year.I currently own two properties in Detroit. One is was rehabbed and rented out. The second...
Hello,I am new to real estate investing, but am eager to learn and put in the work. I am curious to learn what kind of deals folks are getting done in SoCal that cash flow. I am San Diego-based and would prefer to s...
I am currently looking to buy my first out of state rental property by May 2022 to build cashflow. I currently live in Orange County, CA. I will have 80k to use therefore i am wondering if I can first live in the hou...
Hello BP Forums, I got started investing in SF rental homes back in October 2018. I currently have 7 properties I have acquired through the BRRRR Strategy. The 1st home was purchased with cash, renovated and refinance...
To anyone reading,Thank you for clicking and being open to helping. I have found a deal that seems pretty amazing, but this is my first attempt and want to make sure the numbers are in my favor before pulling the trig...
Hello BP Family,
OBJECTIVE
My wife and I want to make our first purchase a multi-family property (preferably a fourplex). We currently rent an apartment, but wish to become owners.
PLAN:
The plan is to occupy one o...
Hello guys. I plan on being not only a regular but also an active member. The more I learn the more I can contribute right?
So my situation I have done Sales since I was 17 working full time. I have decent cr...