Hello BP Community,I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.I want to invest in growing communities,...
I recently tried to close a deal with Infinity Capital Finance {Bethesda, MD}. Paid for the application, background, credit, and appraisal. I thought I was dealing with a hard money lender I could trust. Only to get a...
Hey all,A couple of partners and I are getting ready to deploy some capital in medium-sized multifamily in Ohio. We are looking to get into B neighborhoods or upper end C neighborhoods. Our primary goal is consistent ...
I've been a buy and hold guy for about 10 years, all single family. I'm looking into doing some flips, and maybe multi family. I like keeping everything local where I can keep an eye on it. Right now I have 13 propert...
What is the cheapest and most reliable source of funding for real estate investing outside the normal FHA203K and Fannie Mae Homestyle Renovation?
A fellow investor told me the best way to get a quick estimate for Reno costs was to look at the 'Permit Value' of comparable renovations. For example:This Flip: https://www.redfin.com/CA/San-Francisco/4261-23rd-...Pe...
Hey, I have been looking for a good source of data for using RVM service. I have the property list but I do not know how to find their phone numbers for large quantity of properties. Please help. Mahan Shahverdi
I am about to purchase a duplex.I was informed that it had meth in it, but was cleaned and certified for good bill of health.Does the fact that it has had this issue hurt value when compared to similar duplexes in the...
Hello,When you look at bigger deals financials, what line items do you always adjust?To quickly evaluate a a deal where there is no asking price, I usually look at capex required, adjust the property taxes (based on c...
Am I able to list my vacation rental property that grosses $100,000 annually as a commercial property? I net somewhere near $60,000. What would be a good cap rate to put on it that would attract some real estate inv...