I am starting my first direct mail campaign and figured I would post my plans and how things are going as time passes to help keep me accountable. Give me your thoughts, questions, and suggestions!
The Plan:
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I am making an offer on a deal that the owner has said he is willing to finance. I know the guy and we trust each other. I am considering writing an offer with a 10% rate of interest for 5 years and then reducing th...
I bought a house 3 months ago with the intent to rehab and flip. It is in a highly desirable neighborhood and location in which few homes become available each year. I purchased the house for $320,000 and am doin...
My parents agreed to put a 5% deposit on an apartment in the same condo complex we live in 5 days after the inspection report was issued for said property. However, the inspection report shows items that need fixing i...
Hi everyone,Hoping to crowd-source some ideas on how to get started. I listened to a few BP podcasts yesterday on self-storage, launromats, RV parks, etc. but was hoping to get a bit more granular on specific steps on...
Hi all, Could someone tell me if loan origination charges are a fixed amount or if it is a percentage of the loan? I have heard that there are online lenders that don't even charge loan origination charges. Any recomm...
I am looking at a 10 unit apartment in a smaller town in southern MN. The building is currently vacant with no tenants has been for 3 yrs. I have only walked around the outside of the building at this time. It is in ...
Hello,I've been a long time listener but first time poster here on BiggerPockets. I am looking at a duplex to live in one side/househack for a couple years and then buy and hold. I'd be grateful for some opinions on t...
Hi all, I'm working on my first deal, a buy and hold off Algonquin. We knew going in it had mold in the crawl space and got a remediation quote before making our offer. As a matter of course we're getting three quotes...
My partner and I are considering the most optimal way to structure the private money portion of a potential transaction. We are currently looking at a 11 unit apartment building that would require approx. 140k down p...