Montell Johnson
Help with estimating Closing Costs
I want to purchase an investment property on Long Island but I'm not sure of how much the closing costs are. Can someone tell me how to calculate them?
Michael Bickel
House hacking in a sense?
So I own a house solely in my name, and my fiance lives in it with me (still another 1.5 years until we're married, for the purposes of this discussion). If I were to say she was renting from me (creating the actual l...
Dave Gilbert
Market Data Analysis - Where You Should and Should NOT Invest
Hi all,I'm currently analyzing different markets for investment. I grabbed Zillow's data over the past few weeks and did some analysis. After I got done with the project I realized a lot of people here on BP could pro...
James Wise
10 States With High, Low Down Payments
10 States With High, Low Down Payments Daily Real Estate News | Tuesday, June 16, 2015 As lenders show some signs of loosening up on credit, home buyers are bringing less money to closing. Down payment p...
David Taylor
Wholesaling Earnest Money
Good Afternoon Everyone,Just a quick question about wholesaling. When it comes to putting a property under contract, there is the matter of earnest money. From what I understand, it is expected to put up a certain per...
Josh Milewski
General Guidelines For Leverage?
In a recent post I follow I saw someone calculate the leverage percentage of a the deal being discussed which got me thinking. I know of the 1%,2%,3% and 50% rules but I don't think I've seen a general guideline on pr...
Terry Evans
Private Money - Equity Partner
Hello All,I am interested in learning more about bringing in a "equity partner" ( I believe that is what they are called) for purchasing a rental home.There was BP podcast recently in which they discussed a technique ...
Matthew Scott
Liquidating Credit Cards
I am working with a lender that can liquidate credit cards for 10% to use on a down payment on a Tri-plex. Are there anymore lenders that can liquidate for lesser percentage? Advice welcomed!
Karma Senge
Structuring a business relationship
Ok, I have a friend that I am going to "hire" to help out with raising capital and kind of be my wingman. I have a huge problem networking and meeting people but I do not have a problem once I am introduced at maki...
Robert Leonard
How To Handle Vacancy?
Hi everyone, I am a relatively new RE investor. I have completed one deal (buy and hold turned into a fix and flip) and I am in the middle of my second deal (house hack turning into buy and hold). I have listened to m...