John Hamrin
Financing your deals
I was listening to a BP podcast and the speaker (I think his name was Charles) was saying that if you want to be a good investor you should spend more time learning/figuring out the financing for the property over the...
Manolo D.
Foreign Investor Looking to Build and Hold Loan
Hello BP, I have searched a few threads but I couldn't find one that fits what we are looking for. A friend of mine from another country (foreign national) recently connected with me to research for him the possibilit...
Westin Hudnall
How would you structure this lease back / lease purchase option to best protect myself ?
Home Value as is $125 KPurchase Price - $70 kThe owner I would be purchasing it from is losing it to the bank and wants to continue to rent with the option of purchasing the house back in 5 years or less for 90 K.I ha...
Seth Heitzmann
We are homeless
Hello all,Like many other new members I have filled my free time with lurking on the forums, reading all the suggested reading material and listening to the BP podcasts. At this point I feel I have the knowledge and c...
Vayna Jerabek
Kent, WA Wholesale: $80,000 Deal
Investment Info:
Single-family residence wholesale investment in Kent.
Purchase price: $370,000
Cash invested: $10,000
Sale price: $450,000
JUST CLOSED on a wholesale deal here in Kent, WA - here...
Shayne Meeker
Active duty navy wondering the best route to get into STR
Hello everyone! First time posting here so go easy on me. I’m seeking advise from others on what they feel would be best moving forward. He’s my story.My wife and I are both currently 25 with 120k saved and no debt. W...
Adrian Rae
My partner would rather pay top $$ for a flip than buy a fixer
His POV is that he’d rather have the cost of all the improvements built into the monthly mortgage payments than spend the time and credit card/debt to complete improvements on a fixer. We focus on STRs but ensure the ...
Kyle Mitchell
Did we hit our business plan?
What metrics do you use to determine if you have fully executed your business plan when exiting a syndication? IRR, Cash on Cash, equity multiple, sales price per door? Or all of the above? I am in a situation curr...
John Jacobus
Shopping for Loans While Avoiding Impact to Personal Credit Score
I'm looking for best practices to employ while shopping for mortgage loans for investment properties (small multi-family and SFR). My standard approach is to pursue 3-4 lenders when applying for a mortgage. I typica...
Joy Mondala
SHOULD I GET MY RE LICENSE?
I've been contemplating getting my RE license for quite a while as there are many opinions on the books and blogs I've read that highlight specific advantages of being licensed, especially if I want to acquire more in...