Hey guys! I'm new to the community and was wondering on what the best way was to finance my first home purchase was. I've talked to a friend who is taking out a heloc and paying for the down payment that way, taking...
Okay,
I got my first deal lined up. I am going to cash purchase a home for 40K and put 15K into it in renovations. Comps show it should on the low end appraise for 67K high end 73K. However, I want to cash ou...
I'm a new house flipper. I'm in a bad situation where the first GC did a very poor quality job and took 11 weeks longer than the deadline on a 3plex. I'm considering doing a private money raise in order to secure more...
Hello,
I am closing on a home in Panama City Beach, Fl. I have 2 partners that are putting in money toward all the expenses involved in purchase and startup of this property as a short-term rental. All 3 of us live o...
newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt
Hello all,
I'm still fairly new to these boards as far as posting is concerned but have been browsing through them for sometime now. I'm debating a few different investing strategies that I would like to pursue and o...
Hello all,I've been looking for my first rental property for almost a year now and have found one that looks to cash flow about $400 a month. I don't have the capital for the 25% down payment but have a 50k HELOC on m...
I think I've found the ultimate investing combination, but does it exist? Here is what it would consist of, I'd love it if anyone has done this or knows of a place where we can invest in a project like this. It would ...
Hi BP fam, I am interested in purchasing a short term vacation rental. Where are some locations (city, state) you have found to be successful? Please share the location and why?! Thank you
Hello All, My name is Sean Molloy, I am a Production Manager for WDB Funding, a nationwide hard money lender. Ask me anything about hard money lending and I will do my best to answer! The purpose of this discussion wi...