I went to the bank yesterday and they said if doing the BRRRR strategy they would only give me 75% LTV (if held under 3 years) on the purchase price and the rehab costs. NOT the appraised value.
Example. Buy for ...

Dear fellow real estate Developers/Investors.....Has anyone borrowed from GroundFloor finance? If so, any contact information for the loan officers there and their lending practices? Credit? Bank statements? Experienc...

Hello BP,So I was doing some research for a client of mine I am doing some loans for.  I know a decent amount about most programs but learned something new today that could be helpful to others looking to employ the B...

I'm going over tax returns for an ill relative who's a landlord and I need some advice. A CPA does their taxes for free as a personal favor but it looks like a 12 year old could have done them and I'm guessing it's co...

I’m an investor and just finished my inspection on my rehab. The contract is over list and I really like the area. I’ve never farmed an area before. I looked on Broward County Property Appraiser and saw that many of t...

or gross at this price:

http://money.cnn.com/2009/01/08/real_estate/thousand_dollar_homes/index.htm

Detroit for instance, Century 21 Villa owner Randy Eissa has a thr...

Hi all;
I have read some good posts on forming LLC's here. Just some more queries. I live in OH. Anyone used John Hyre's or Darius Barazandeh's course form forming a LLC? I have heard mixed things about Legal zo...

I'm just starting out. I currently have 1 property under my belt. It's an out-of-state property and I'm currently having a property management company handle it. So far it's been pretty positive. I'd like to get more ...

Hi BP,I'm thinking about purchasing a small multifamily home in northern NJ within an hour by train to NYC.  I'm considering doing a full rehab by hiring contractors if the numbers and other considerations make sense....

Does anyone know or have a contact that has done this before in the Chicago area? I’m looking into turning apartments to condos in the western suburbs and needs some guidance on the process.