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Theoretical deal:
3/2 in South Carolina
I purchase this property, rehab, and resale with contract for Deed. Buyer puts down 5k and sign contract for deed of 65k. Comps support value of 70k. Nice working class neigh...
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Good Morning! I am new to Bigger Pockets and I look forward to engaging on these boards for the mutual benefit of myself and others who I can share my experience with and help. I have already learned a ton from liste...
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I am looking into purchasing a Duplex that the current asking price is $199,000, I have made an offer of $175,00 with 100% owner financing @ 5% with a 5-year balloon. They entertained the idea, but cannot because ...
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Hello! I am trying to survey people coming from a W2 and going into an entrepreneurial life for a new coaching program I am putting together. Would appreciate any insights you have on the following:1. What are the big...
I am curious as to how the process works for buying land and building an apartment building on it. How does financing work? How much cash and/or collateral would we need? Can buying the land and construction be wrapp...
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Hello BP family,I am looking to obtain financing for a rental property, I am looking for innovative and creative ways to get this done. I am looking to use this property as a rental so I won't qualify for FHA. I'm jus...
Hello everyone,I manage a 10 unit complex here in north Georgia. We just had a commercial appraisal come back at $850,000. We owe $518,000, but it's a balloon with 3 years left. We are trying to figure out how to move...
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As I'm only new to these forums and have read a good deal of the advice given here am curious to know anyones' opinion on the following idea. There are many variables to the equation and I am aware of this but its mor...
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I'm hoping to further my understanding using the brrrr strategy from a numbers perspective and explain my current situation. Bringing all cash limits my buying power for the properties I'd like to get into which are ...
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Possible deal I am looking to make happen with a rundown hotel. The issue is I don't see it viable as a hotel anymore, but the deal may still work if I can convert it to multifamily. Does anyone have experience doing ...