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Hi BP nation! Here is my story and the numbers on my first deal since joining BP. I started looking for buy-and-hold properties back in the summer; specifically, small, multi-families. With the help of an investor...
I would like some help and thoughts on how to handle a remodel project that I entered into. It is a cost plus residential construction agreement in Texas that clearly states that all receipts and invoices shall be pr...
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I own two adjacent commercial properties in northwest PA that I want to redevelop. I’m looking for a partner with experience in commercial development to help me tackle this project. Is there anyone who may be interes...
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Hello Everyone,So, I have been listening for a few months. And, saving towards the purchase of my first property, and discussing my strategy with my friends.. "gotta love the nay sayers".. lol.. But anyhow, suddenly...
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What is the price offer calculation when using a hard money lender?
e.g. Baseline Offer=ARV*.70-Repair Cost
What is the formula for adding Hard Money Lenders to this equation?
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Hello BP Community,I am an investor in the Central PA area. I started learning about REI in April 2015, and the thought of exiting the Rat Race has me all in (well, all in as much as possible while I'm still in the co...
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I currently own a few single-family rental properties that have yielded excellent returns based on my projections. Now, I’ve come across several off-market properties with strong potential, and I’m looking to scale by...
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What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:
1. Do I have to purchase the house ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Victoria.
Purchase price: $76,000
Being new to the real estate scene afforded confidence in my decision to buy this property. ...
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Hello everyone, My name is Christina and I live in the Ventura County of California. That's right outside of the Los Angeles area for those who are unfamiliar. I am originally from San Antonio, TX but moved out here t...