I use to flip houses, and sold some on LP's. When the market crashed I got out asap. Last-year, spent over 3-months looking for a deal/flip and came up with nothing! Networked, letters, cards, you name it. 10 years ag...
Hello Biggerpockets members,I have been on this site for a couple of months but had not taken the chance to officially introduce myself. I have no real estate experience but I have been doing alot of learning through ...
I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in. I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...
Has anyone purchased a tax lien from a tax sale in any of these three states (Colorado, Wyoming and Montana ) ? I see they are all tax lien states. I was reading about WY and the process they use; the computer randoml...
Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Hi There,I picked up a Triplex that is currently vacant and require some work. it has a great value add opportunity and in good location. My aim is to have conventional, 30 years fix loan.I would like to purchase the ...
Hello everyone,
I'm going through the process of splitting out my rental business from my fix and flip/redevelop business and I want to set up these legal entities correctly and ensure proper insurance for th...
now that I have my first deal under my belt (I like buy and holds) and having spent all disposable reserves on said deal, I am now researching a second deal and I am worried that it may take me a while to save up t...
I've never done an owner financing deal, so I'm wondering if anyone here could look at the situation and let me know what they think. It could be I'm completely wrong and that another exit strategy is even better....T...