Amy Van Ollefen
Confused about LTV for Hard Money
I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...
Tony Cavalli
Ready Set... Action
Hey fellow BP members! I am going to start this thread and add to it frequently.
This is my step by step process for wholesaling.
Things to know: I have never done this before, I do not have a mentor other than eve...
Doug W.
My first flip - I broke even
I thought I would share my story with the hope that it inspires someone to start the home flipping adventure and/or saves someone from making some of the (costly) mistakes that I made. Note that I'm purposely not incl...
Mike Mitchell
Cash is king
We all know cash is king. It seems as if all off-mls/motivated seller deals require a "all-cash" purchase. If i dont have all cash on hand. Is it possible to get all cash deals? Does a hard money loan count as all c...
Nick Doria
Looking for the must haves when Creating Landlord policies.
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
Michael G.
What do YOU think will be the next new Hot Brooklyn or New York neighborhood?
Hi Everyone!Many of us are aware at how 'instantly' hot Brooklyn NY became over the last several years - But not all areas of Brooklyn enjoyed as much appreciation as others. One really needed to have a good feel for...
Eric Carr
Bitcoin and Fear Discussion. Fact from Misinformation
I don’t expect to change anyone’s mind about Crypto, specifically Bitcoin, nor do I expect this post to be popular or liked by 95% of BP users
I really like the money podcast and I’m listening back and am starting to...
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
Account Closed
Turn Key provider advice for 1st purchase
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
Tom Kitas
Sean Whalen and property 23
Hello everyone,
I was wondering if anyone has ever herd of this guru Sean Whalen who is the owner of what used to be the Empower Group and is now called property 23? From the research I have done he looks like another...