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I am purchasing a home and financing the rehab with a partnered developer who manages the entire project. Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit befo...
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Hello! I'm an out-of-state long-distance investor from Canada. I'm completely NEW to this industry. My local market is overpriced. I've chosen to invest in Texas because Census say it's the fastest growing state (http...
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A Little Backstory
Hi BiggerPockets! I wanted to make this post to give some inspiration to those newbies just starting out or even the more seasoned vets! I set out on my real estate journey with my first investmen...
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http://www.latimes.com/business/la-fi-fannie-fredd...Read this article! Looks like Freddie/Fannie will be lowering down payment requirements as well as required Credit scores.Great idea morons, let's give more credit ...
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Hello BP,I currently have a verbal agreement to purchase a home for 90k. I met with the children over the weekend who inherited the property from mom. The house has already gone through probate and they are ready to s...
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Hi - I currently rent two single family homes in Overland Park area. I am now interested in buying land and developing new 4-Plex units. Depending on the cost, I would like to start with 2 units and later build more a...
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Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
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Hi all, I recently moved to Las Vegas. Currently in market for a primary residence but also looking to buy SFH rentals in the coming months and finally start my real estate investing journey here. Do any of you local ...
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Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
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Hi Everyone,I just posted my first new member post, and figured I'd post my first investment here.This property needed a lot of work. It's in a great location in Nashville that became highly sought after. It's a tripl...