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For a novice investor/wholesaler, I am curious to fully understand the concept of the 70% ARV rule. I think I know the jist of it which is being able to buy a property at a discount, or cents on a dollar. But..how do ...
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Ok, I've done a lot of reading here on BP and I have some sort of mental block because the refi part is just not sinking in to me. It seems like I'm just robbing Peter to pay Paul?
Can someone explain this to me lik...
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I inherited some rental properties in Fl and also own some of my own. All of the properties that I inherited never had insurance and were in my fathers name. Some of my properties were insured and after hurricane Ir...
I've been contemplating how I can best partner with my SDIRA Checkbook LLC so that we both benefit. I understand that I cannot simply straight borrow from it, even if the terms are on par with the market. However, can...
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Hello,
A local real estate investor who has taken me under his wing and is helping me learn told me something that interested me. He said one of his friends flipped houses with no money out of his own pocket....
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I like to consider myself a problem solver and really enjoy helping people out of touch situations. I'm wracking my brain on a few ideas and looking for a bit of insight or advice on a creative strategy such as this.I...
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Hello all. I am currently a resident in New Jersey looking to invest in South Florida. I am in the process of getting a preapproval loan and wanted to obtain two others to find the best rates if anyone has someone t...
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So here's my story.I am a 43 year old systems engineer in Iowa, and am looking to get started with real estate.In addition, I have a 23 year old son who is willing to move anywhere and help out in whatever way he can....
Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...
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After reading/researching/taking it all in with investing, I'm finally at a point where I believe I know what I'm going to do.
After reading up on John Alexander and the " Inverse Purchase System" I decided it woul...