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Ok so let's say I buy a a non-performing note for 30 cents on the dollar and I know that the area is someplace relatively depressed like say Detroit.Let's say that the balance was $30k and the property is worth half t...
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My father offered me a partnership in house flipping with him, which I would begin when I graduate. Can I flip houses at 18? Obviously I would be using my fathers money to start out and not my own because it's impossi...
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Ok, so i was wondering if I'm missing anything on the first numbers i have ran on an actual property. Let me give you a rundown of how it went. listing price 169kcash to close would be 11129month rents are 1350prop ...
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What are the up and downs of seller financing? I'm thinking about asking a seller if they are interested in holding the mortgage, but I know I will need to educate them and myself on the topic. I have no experience wi...
Hey guys, long time reader of the forum I love the wealth of information provided on this website. I live in the NYC area, and was curious how people around here get started. The prices for many two families by me are...
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I work for my sister and brother-in-laws construction Company (we do sewer inspections & replacements) and would love to know how many investors actually go through with the sewer inspections in addition to the re...
Hello, everyone I’ve spent about 5-6 months listening to OG BP podcasts and BP rookie podcasts as well as most of the books that are suggested in the shows trying to soak in as much knowledge as I can. I’ve been strug...
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Why Most People Think It’s Easy to Find Profitable Flips!
People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipping houses...
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Hello everyone,
I just found the bigger pockets podcast and joined. I’ve been loving the content. I have been using a Heloc to purchase a few properties because I don’t have a load of cash. I understand the numbers ...
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Hi
I am a REI and W2 earner with a solid income and credit score. I own 7 properties. I have 2 properties I am currently renovating (all-cash purchase). I am looking for a competitive local lender who can finance th...