I am new and still in the process of educating myself, and have yet to place a property under contract. With that being said I am coming up with templates to present a property once its under contract, and I would app...
Is it ok to present hypothetical wholesale deals and still be able to give valuable insights? If so, what "mock" information would be needed to give an opinion on the deal (even though its not necessarily real)? Would...
I am thinking on purchasing 7 unit building, and have 25% of the price. Do you think I am qualifiable for a loan? What would be approximate percent per year? Who are the main providers? I hear large banks as citi do i...
Hello BP,
Question regarding exchanges in following example.
Selling Price: $1,200,000
Purchase Price: $200,000 (Fully Depreciated)
Exchange Properties:
2 different properties purchased for $400,000. What is the ...
Investment Info:
Single-family residence other investment.
Purchase price: $316,000
Cash invested: $45,000
House hack. This was a turnkey 3/1 upstairs, and an unfinished basement downstairs. I lived ...
I am at the end of making a cash offer for a flip. It will be bought from an estate/trust manager. We want to get a contract signed once we get a verbal agreement. We wont be able to close on the deal for at least 3 m...
Just trying to understand this better. The lender will fund 70k of the ARV. If a property is 20k and repairs 30k and after repair value is 130k . Does that mean the lender will lend 70% (91k) of the 130k(ARV)? And sin...
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biggerpockets! I might have my first partner deal. I bought the house and the partner will fund the rehab. What are some things to include in a partner agreement? Especially focused on if the house doesn't sell ...
I'm looking to understand hard-money loans better and I'm hoping to get some help from the BP community.
Are most hard-money loans interest only?
For an interest-only loan, to calculate the cost, does the following ...
Hello BP Community! We are working on a brochure/portfolio that shows our successful investments. Something simple that would be a page for each property. NOT an advertisement for a proposed deal. Just a way to sh...