Hello BP community. My wife and I are new to investing and we have what we think may be a great seller financing deal on our hands. It is a friend of the family and it all seems great but since we are new to this and...
It's been a hell of a ride during the past 2 years. I started my real estate investor back in June 2012. Bought 12 Class B townhouses and started learning being a landlord, 3 months later bought 37 class D apartments....
The past year I have worked with one investor who bank rolled the entire operation and we split the profit. After two homes we decided to create a company and partner 50/50 on everything. We have 100,000 in cash. We a...
My wife and I are preparing to get into rental property ownership for the first time. We're considering buying an investment property (single family, duplex, or small apartment building) in greater Minnesota since the...
I found about a possible deal through a real estate agent at an open house. I went to look at the property today. Its a 4/2.5 and its already a rental property. They are asking 125K for it prior to listing it, but bel...
I have a potential partner that has sold an investment property and moved the proceeds into a QI for a 1031 exchange. How would it be possible to purchase a multifamily property using the funds from this exchange? I...
Hey BP!
I'm looking into creating a real estate company that makes home ownership affordable and simple for individuals in Detroit, Michigan who may not qualify for a traditional mortgage- or who THINK they may not q...
Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
Hey investors,
I'm getting ready to act on my first deal (extremely excited), but the funding is worrying me a little bit. I am looking to put an offer on a duplex in a small town outside of Lake of the Ozarks, Mo. T...