I am new to real estate and also the terminology. I have seen a lot of post for multi family homes using the term 2/1 or 2/2.can someone help me understand what this means?
Hi BP community. Hoping to get some help with finding a reliable, honest contractor. Been through the wringer with the contractor I was working with. I’m new to investing and made some common rookie mistakes. Payment ...
Could someone help me understand how lenders decide terms for financing a partnership?
In my case, I'm on the verge of creating a partnership. My prospective partner and I both have strong credit scores, and we both ...
Chicago area. I have a 3 unit building with GFA and all the ductwork but no AC. I plan to install central AC in the top two floors using existing furnace/ductwork. Should I also install AC for the basement unit while ...
Hi BP community,I have been trying to figure out how the investor cash out process works in the case of a liquidation event such as a refi or sale. What happens after you pay members back their original equity investm...
A realtor told me I could use my 401k as proof of funds even though I intend on using Private Lending.
Is this a common practice or is it frowned upon? I don't intend on liquidating my 401k so it is technically fals...
Does anyone have recommendation some good wholesaling books or programs. I have some rentals and understand that aspect of real estate but would like to have a better understanding of wholesaling before I jump in.Thanks
Hi everyone,
I'm planning to get into fixing and flipping properties in Oakland, California, and I'm looking for advice from those who have experience in the area. Here are a few specific questions I have:
Challenge...
I got this deal where I can possibly buy a delapidated church that has a huge detached rectory building behind it that I could convert into one bedroom apartments and use the demo church for parking...bad karma to lev...
I wanted to get some feedback on this company and find out if anyone has borrowed from them and what was your experience? Also is it common for this type of lender to require a deposit of 2200.00 to go into contract? ...