Daniel Coffin
i thought of a new stratagy will it work very new no deal done ever
Hello, i will just post my formula I am know i know nothing and it is just an idea. My idea is to buy hotels with free down payment. Ex. a hotel has 275 rooms on auction starting at 4.75 mil. i also wonder how much h...
Terrence Bayly
Chicago Cash Out Refinance
I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
Bret Schilling
bidding at tax sale for the first time
Is my understanding correct that if you over bid the tax lien amount at a tax sale and the owner redeems, then you could potentially lose a lot of money? lets say the lien is 1000 and you spend 5k on it. If the owner ...
Dominic Carafa
Dear Investor, what do you want?
Hello!Quick background on myself, I'm 39 years old, a residential contractor of 20 years. I currently own 1 investment property which I purchased in 2005, it cashflows $600mo. I have opened a separate llc. for aquiri...
Demetrius Morros
Getting money out of a C corp and avoiding double taxation
I am an investor who is in a higher tax bracket. I am working with a tax attorney who is advising me to form a C corp. I can do my flips and wholesales through the C corp and lower my effective tax rate. I know ...
Michael Greer
Cash out refi or pay off myself?
Hello everybody, I can use some advice. 2 years ago, I saved up a good chunk of money and decided to move back into real estate. I purchased a duplex well under market value and cashed out refied to get my money back...
Chris L.
Louisville Market Feedback
I am looking to invest in the below zip codes in Louisville,KY and would love some feed back on your experiences. 40216, 40258, 40214, 40272, 40118, 40219, 40215.* looking for SFH or Small Multi Family. Here is some ...
Shital Thakkar
International Tenant
Hi,
International tenant (From UK) is interested in renting my property. He is coming to US for 1 year for comapny related work. His company provides deposit and first month rent... how to screen this tenatn as he do...
Yuji Miyamoto
BRRRR 1% rule for purchase price? or ARV?
Hi BP!I have seen one thread about this topic and am still wondering how you determine a property to BRRRR. Do you apply 1% rule for an original purchase price? or purchase price plus rehab cost? or ARV? I know how t...
Bryan P.
What is a balloon? Note?
What is a "balloon" payment (financing) that alot of you talk about?
Also-what is a note? I read a post about a seller wanting to sell using owner financing and then selling the note to another investor. I have no ...