Les Richardson
New investor chasing my first deal...advice appreciated !!
I`m looking at a 950 sq ft ,2/1 condo ...asking is 110000, ARV looks to be about 175000.It needs flooring ,paint ,and a light bath and kitchen update. The seller is willing to "sub to" the mortgage of about 50k. I`m ...
Vijay G.
Loaning Money for Auction property
Hello, I just won the bid on auction property. My bid price was 120-130k less than the market price. I am planning to acquire the property and clean it up and put it on the market. it may take 3-6 months. I need to c...
Sanil Subhash Chandra Bose
Question regarding Title Search
I have a property that I believe has greater potential to flip or keep as rent. It is currently on auction and would like to participate in it. The property is owned by UMB BANK NATL ASSOCIATION. I am pretty confident...
Ted Harris
World Series of Poker .... you play?
With the WSOP about to crown their 2009 champion with the coveted bracelet and $8+ million dollars, are there any folks in BP nation that like to play poker online (for fun of course)? I have a home game but never pl...
DAVID SCHREIBER
What interest rate should I expect to pay to buy, fix and flip?
I am a newbie outside of Syracuse NY. I am interested in trying my hand at a fix and flip. I may have the opportunity to borrow the investment capital from a family member. Not as charity or a favor but as a win - ...
Buddy Holmes
Funding Rehab Flippers and making a fair return with lower risk
An Hard Money organization in Charleston has been offering funding for 1st mortgage security to Flippers with good plans for several years now. Another group of RE investors thought that if they teamed with the form...
Carl Eastman
Question about Auctions
Regarding auctions, if you don't win the bid do you get all your money back?
Kevin Pruitt
Hard Money Guidelines Question
Hello BP community! I am in the process of looking to purchase a home/homes from the Sheriff Sale Auction in my county/surrounding counties, and was curious how Hard Money Lenders work with these types of transactions...
Rick Bradd
My first time as a private lender
I am almost done working out a deal to invest some money with a respected REI, who is a well known and respected BP'er. I set up a SDIRA with UdirectIRA.com in September 2012, from application submission to funding to...
Joshua Kemp
Hello! Finally HOME!
Hello BP Community!
I am excited to be a part of this community and to see what building good relationships and networking on BP has to offer. I am a Fire Fighter by trade, so I have really enjoyed hearing stories, p...