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I have read this term, for example, "buy it 30% below market value" or something similar a lot on BP.My question to you all is, isn't market value relative to what people would sell it for anyway? So how do you know o...
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I've got $50k to work with, and I need a place to live in the Twin Cities (Minneapolis or St Paul). Here are some of the options going through my mind:1. Buy a SFR and get roommate-tenants off Craigslist. (Buy-and-ho...
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Hello, I’m interested on getting some insight from anyone willingI currently live in Seattle and want to get into REI but the cost out here makes it tough to be able to get involved without capitalI read the out of st...
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Hey all, newbie to Note Investing here. I am currently working on opening a self directed IRA and would like to use it to buy a few notes to start. Can I buy non-performing notes in my IRA or only performing? Aren’t t...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Hi everyone!! I need ideas on how to invest my $70k cash. A little about me, my husband and I are both AD military and stationed in Norfolk. We have 2 short term rentals, 2 long term rentals and also house hacking.My ...
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I just finished a BRRRR just outside of Seattle, Washington. This deal had all sorts of complexity. It was an out of state deal (I live in the SF Bay Area), where I 50/50 partnered with a contractor, and got a private...
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So I am looking for a house to brrrr and I decided to be responsible for once instead of just jumping into something and made sure that I would be able to refinance out of a deal before I jumped into some hard money I...
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Hey all,
I am working on my first deal and this question keeps nagging me. In some situations I have the ability to pay cash for a property - either with partners, HML or personal funds. Ultimately, I obviously want t...
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Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...