Chad McIver
Help with tax liability of first successful flip!!
I just received a accepted contract on my first flip, in St. Louis City, MO. Happy with the way it turned out and the profits. Still have to get through inspections.
But List price $99,900, sold for $98,000...
Leonard B.
The Chicken or The Egg?
What Comes First? The Deal or The Money?
Hey, Team BP.
I’m Leonard. New to BP. New to investing. Not one (1) deal closed to date.
During a recent webinar for us “Newbies”, a member asked Brandon Turner from a ...
JT Goodwin
Lender/BRRRR Strategy: FourPlex with SFR on property
Hello All,I have found a potential investment property I would love to commit on, but would definitely need some help (money wise) to get into this property. I have listened to a lot of webinars and read a few books d...
Garland Robinson
private lenders/hard money loans
I've never dealt with a private lender or hard money lender before. My question is, is it possible to obtain a private lender or hard money loan for the sole purpose of getting a deal to wholesale. Instead of trying t...
Jade Atwood
Is this deal & structure acceptable to Hard Money or Private lenders?
I would like to buy a property, but have very little money. Here are the details:
Asking price $119,000. Recently reduced from $125k. 2009 "tax appraisal" $198k. Property taxes past due $5 - $6k.
6 units consisting...
Kyle Deutschmann
Who is your go-to title company for 'subject-to' deals?
Hey BP community, For anyone who has done a subject-to deal in central MD... who is your go-to title company for this type of transaction? Also, has anyone had any issues with lenders calling these loans due on sale? ...
David Rocca
Low-Down Loans?
I am looking to buy two properties a year. Are there any loans available with low-down payments like an FHA loan where I do not need to live in the property? I am currently looking to buy a SFH or a multi-unit propert...
Shannon Vinson
New investors looking for a private lender, or advice in general
My friend and I are trying to get our real estate careers started, and we're finding it pretty difficult to afford the 20%-25% down payments for the properties in our area. We're interested in fix and flips to start o...
Nathan Harden
Fannie and Freddie new Cash out Refi Rules
Hey BP community!With Fannie and Freddie proposing that the new cash out refi period going from 6 months to 12 months, I am curious to hear how everyone plans to continue to BRRRR with this happening? Are Hard money/P...
Bryan H.
I have 2 rentals and a primary. What should be my next move.
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...