Jon Blumberg
Newly Built Multi Family 2-8 Units
Hi BP Community,
I am in the process of breaking ground on 4-5 projects of NEW Construction and had a few questions for the community. I think its best to provide this by way of example:
1. The total project appra...
Austin Bright
How to calculate Debt to Income
Below is a snap shot of a P&L on a potential investment property. How exactly is D/I calculated. I'm confusedIs it PITI/(.75*2400)=(1246/1800) which is 69%? Is the D/I something else?
Andrew Yu
Do I Have to Pay My Broker When I Wholesale
I'm considering becoming a real estate agent. Been doing wholesaling for more than 3 years now. My question is: does my future broker get shares from everything I wholesale? How about the properties that I own and dec...
Gilbert Ross Jr
GOOD OR BAD BUY & HOLD DEAL
I have a three family that needs total rehab. The acquisition and rehab will cost $180K-$190K. The property is worth $225K-$250K. The property is in a "C", "C-" area. Rental income is $3,700, has off-street parking. T...
Andrew Kniffin
Seeking contractor in Seattle
Hello BP family:I have a few projects around my house, and am looking for a Contractor who is trustworthy for these tasks. Can you suggest anyone? I live in the Columbia City region of Seattle, Washington. Here are...
Jonah Richard
Limited personal guarantees split across LLC members
As the title suggests, this question is about whether any investors out there have been able to - when refinancing a residential property bought with cash and held by a multi member LLC - assign limited personal guara...
Kevin Medina
What Can I offer an Investor?
Hey everyone - Kevin here!I have been approached by 2 investors who would like to offer my company, SoFlo Flips, about $100,000 total in exchange for some kind of return on the investment.My company and I have done ab...
Rafael Floresta
Roofing in Delco/Philadelphia/Chester
I am looking for a recommendation on a roofing company. The property is in Brookhaven, PA.
We need the roof tear down and replaced.
Michael Archard
Seeking advice when paying back private investors
Hey BP,I just completed a very successful flip using private investors to fund the purchase price and some of the rehab. This is the first time using private money (friends and family) so I wanted to reach out to see ...
William F.
I need to keep MAX cash on hand - financing for rehab?
Hey guys - good problems to have and I need your help.
I am in the middle of doing a couple deals in Phoenix, 1 SFR and one duplex. Each is around $200k purchase price, and (believe it or not) I can finance them. Bo...