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Hey everyone! Quick questions that I am hoping someone with experience in owner financing can answer. I am seeking owner financing on a single-family deal near me. The seller is up for it, but the mortgage does have a...
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So I've been doing research on BRRRR and most of the people that do it take out 2 loans (to buy and then to refinance). And I was wondering if using cash to buy and then doing the cash out refinance and then taking ou...
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Recently since listening to an older biggerpockets podcast on a member who would syndicate large apartment buildings and any other deals they wanted to purchase I was really intrigued by the idea. A large reason becau...
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Anyone in here care to educate me a little on escrow? My escrow account keeps coming up with what seems like fairly large shortages.I'm not very good with math, and I've tried going over the escrow statement with my m...
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Hello fellow investors. I'm working on my first BRRRR property. I purchased a duplex in Ohio from a wholesaler for $60k and I'm putting about $23k into the rehab. We expect the property to appraise around $110k. I...
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Hello seasoned investors, just recently joined BP and seek a little guidance from experienced rehabbers. Thanks in advance... My wife wants to get into RE investing and her entry plan is to rehab fire damaged homes, h...
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Hello flippers
I am trying to get a good plan on how to do some low cost flipping. I need to have a good plan to show the wife I am dead serious about this.
I am outside of Detroit. In this area you c...
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I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...
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Hey all,Just closed on my 5th unit in my first year! Stoked about it! It was a great deal; it's worth 100k as is, 140k ARV and I got it for only 30k, so I just paid cash. Now I'm getting a heloc (because Bank of Hawai...
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There's a two flat building next to my parents house that's in foreclosure- i don't know if it's REO yet. The owner just informed my dad that he was losing the property a couple of days ago.
In my situation (being...