We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
I know the market got slow down for flipping properties, but still I would like to ask these questions so I can understand how and what everyone is doing.
Questions for active rehabbers..
1. Are you currently activ...
I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...
Hello BP, I have recently started my venture in wholesaling, and plan to work my way up to eventually owning and renting out apartment complexes/vacation condos, etc...
But for now, I'm 20 years old, broke, and have q...
Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
Hello,
I'm new to BP and was just wanting to get some opinions.... Have any of you ever used auction.com to purchase foreclosures? I see postings from them it seems like everywhere and I just want to know...
What type of insurance do you all recommend for short term real estate holding and construction. Liability, etc? Also how do you generally hold title? LLC?Our plan is to flip and only hold for 4-6 months.
Hi, I was wandering if anyone had experience in renting a home, signing a normal lease, and then turning that home into an AirBnB. I originally heard this strategy on the BP Podcast, I think episode 229, but was wonde...
I know ‘turnkey’ has been a hot topic as of late, but I am wondering who is out there regarding truly vertically-integrated “turnkey” providers or “fully-managed” providers. My thoughts are that there would be signifi...
For those who have never obtained a hard money loan, there are typically a lot of questions. Here are some of the most commons questions and answers about private and hard money loans:
1. What exactly IS a hard money...