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Which method of creative financing is the best for a new investor? I'm sure it varies from person-to-person so I want to provide a few details of what I am looking for. Non-owner occupied loan that is either (1) a BRR...
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I have seen people do a year and review of their 1st year of REI and always thought that was a GR8 idea to reflect on what you have learned in that time frame. So here we are and here I go.I joined BP on November 12t...
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I just finished listening to the Jeff Greenberg Podcast on Multi Family and wanted to comment on that podcast.First and foremost I'd like to say that I thoroughly enjoy the BP podcasts. I also enjoyed Jeff Greenberg's...
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I heard Clay Huber's podcast about land contracts and have a question. 1)With a due on sale clause in a mortgage can you get a writen approval from the bank to do a land contract for owner finance? 2) Can you do a own...
Hello everyone!My name is James and this is my first post. I wanted to run my situation by some of you, which most of you have more experience than myself, to maybe get some of your thoughts and opinions about my cir...
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Hey all,I have some questions about how you have structured partnerships on flips. We have a friend who has the money to purchase the house. We will fund the renovation through personal cash and renovation loans. W...
I am very new to the concept of real estate investing having never done a deal before, but i think that can be an advantage with the right plan. I have heard from a few people that your first investment property will ...
How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...
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Need a bit of advice on this... Here's the situation.About 5 years ago I took over the mortgage payment for my mother's house ( I don't live there, currently renting an apartment with my wife). I never realized this w...
For those of you familiar with the real estate market in the Detroit area, you know that this is prime opportunity to build a real estate portfolio.
Why?
Let me ask you this - where else can you routinely find singl...