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I contacted a Wellsfargo lender for a Commercail loan and I told him that I wanted to purchase a 20 unit building and that I have 35% to put down and some of the down payment would come from my father in law.
The le...
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I decided a while back that I want to supplement my income and retirement with rentals. I've set some goals and have been working on the details of the landlording and am working on a business plan but I'm hazy on one...
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Good Morning BP Community!!!Can you tell from the timing of my post, I am eager to get going on 2017?!?!?! Kidding aside, I really am motivated to get going! My business partner and I have set a goal of fully renovati...
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Hello BP World- I'm building a franchised hotel and am currently wondering what people that are in the hotel industry usually use as a down payment. 25% down? 20% down? My bank that I'm going with will let us go f...
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If you could share some of your stories of being young and needing credit or just facts that would be helpful.
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The short of is: it really boils down to your financial goals in determining whether you should pay for properties in full or use leverage (mortgage). The truth is always in the math. My business partner and I are jus...
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I’m exploring different ways my project could be funded. Below is a draft of some rough ideas. Thank you for your input and comments!I’m exploring different ways my project could be funded. Below is a draft of some...
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Hello BP,
First I wanna say that my profile picture is being uploaded today, it currently shows my wife kid and I. Don’t worry it’s being updated, thanks all for advice.
I’m so blessed that a friend showed me BP, it...
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Hello all!I'm a 24 year old on the verge of becoming a real estate investor.In the past year I dropped out of college started a new job which has put me into a position of looking into different business and investmen...
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What do you do with all those leads that don't work out for you to buy. Using other investors, contractors and even neighbors can bring in other sources of income or reduced costs from the same effort and advertising...