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Hello BP, I just got licensed in FL. I currently reside in Miami Beach. I would like recommendations on where to hang my license? Please feel free to share any tips as well etc, would appreciate it thank you.
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So I spoke with my lender today and they informed me I had used a majority of my equity from my properties. However, I just renovated two properties in order to have them refinanced to gain more equity for more purcha...
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I came across someone that raises money for a deal, offering 50% of the profits to the cash investor. However, if there is a loss, it is the cash investor that absorbs the loss.
Frankly, I think that's a har...
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I'm 26 and i just got married. I am a personal banker at a major bank. I want to get a job in the real estate business that will allow me to support my family and learn the business. Anyone have any suggestions?
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BP Chicago Folks—in preparation for my upcoming “landlordom,” I’ve been researching the Chicago Landlord-Tenant Ordinance, “Subleasing” pasted below.The landlord must accept a reasonable subtenant offered by the tenan...
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Fellow BP, I know this varies by market, but what rates are you paying for HML?
Working some deals...A) Resell deal all in 40K ..ARV $65-$69k
1. Rate 15% with 5 points 65% LTV.. No money out of pocket
...
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Here's a video of how not to landlord:
http://www.youtube.com/watch?v=wIrN-etPO0E&nofeather=True
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $184,000
Cash invested: $55,000
We purchased a Duplex as our first deal to get into the game and start learn...
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Hi, BP Fellow InvestorsI am interested in a Quad with four independent tax records on the county website. Suppose that I only have one of the 10 residential loan slots left and I want to take advantage of this low-int...
I've found a house that I'm interested in purchasing. 3 Bed / 2 Bath. I'd live in and convert the garage to a bed room while renting out the rest of the house. After I move out I'd rent out the garage(bedroom)
Here i...