Hi,I completed my first flip and made some money. I am happy it all worked out well. Now I want to know what paper work do I need from contractor before I pay him the remaining amount. So far I have paid him in checks...
Does anyone have a general cap rate map for the Puget Sound area? I know a lot goes into cap rates and it can vary within each geography but I am curious if there is such a thing out there?Paul
Hello all, I have been working with a realtor in Eastern NC and he has produced me with a property that I think I could cashflow right away. This is a townhome in a desirable part of town that was built in 2007. The b...
My credit union is offering share loans at a fixed 5.00% up to 10 years. They advertise this type of loan to build credit, but at the low interest rate it seems like it may be a good idea to borrow against my own mone...
I recently read about a rule of thumb for apartment investments and I'd like some BP member feedback.
The rule of thumb goes like this: "For every one million dollars of real estate you own, it should be cash flowing...
i am sending direct mail to people and have just finished my first mailing to 600 people after four weeks. no luck on the first mailing, and i will send the second mailing this coming week. most of the people that cal...
May I know why higher down-payment equals to more cash but lower CoCROI? Thanks!
Hello all, This is my first time posting here so please excuse me if I'm missing anything. I currently have a conventional mortgage 7/6ARM. I am looking to rent that single family home and purchase a multifamily prope...
Does anyone know what a fair commission rate for a wholesaler bringing a buyer in to purchase a contract?