I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Hi, I'm a first time house flipper and just bought my first foreclosed property for 108k. The comps in the area are anywhere between 200-220k. Ive been meeting with contractors everyday, but don't really know whats a ...
Hello fellow real estate enthusiasts. I came across this company who says they do "asset-based" lending, meaning that they provide loans based solely on the property and not the borrowers credit history. They claim ...
Hey guys,
I talked with a builder earlier today about my desire to have him built some duplexes for me. I have around 350k liquid ready to deploy for buying land and securing a construction loan. He told me that he p...
Hello BP, I'm looking to build a spec home on a piece of land I own in a relatively affluent Bay Area neighborhood. I'm negotiating with a prospective partner who is an experienced developer/RE Agent in the area. ...
G'Day everyone,
The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.
This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.
I have alw...
Hello Everyone,
I would like to hear from the new to seasoned investor about the rehab pitfalls you have run into. That One thing you wish you had of known before you started or that "A-HA" moment. Things that would...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,340,000
Cash invested: $300,000
This was our 1st value-add project in the neighborhood. It's a 27 unit wi...