Michael S.
Wholesale Deal -- Seller Backing Out?
Hey guys, need some help! I put a home under contract on 10/19 for $30k and gave myself until 11/4 to close the deal. On 10/25 the seller said we are no longer selling our home to you, we are sick of you bringing peop...
Rasheed Chambers
Hard Money Loan for Beginners
I have a few questions about hard money loans such as:How does one approach a hard money lender? What kind of preparation is needed before reaching out to a hard money lenderAre hard money lenders worried about credit...
Frank Oudheusden
Student Loan Risk Vs. Real Estate Investing
All,
I have created a pretty solid REI business plan and have taken down my first deal. A SFH for 50k rented at $1300/mo in Rochester, NY. 15.1% Cap Rate, 23.6% CoC Return. A great deal by most standards. Now I'm ...
Nick Bruns
First Deal Advice and Fabrication Help - Houston, TX
I have my potential first investment deal that could go down as early as next weekend. This house will likely need close to a complete rehab and I wish to wait till after the rehab and financing with the bank to pay t...
Stone Jin
Condo conversion that never fully convert.
Hi all,
I'm looking to see what your thoughts are on condo conversions that never fully sell out. The complex is then managed as rentals and for sale. I'm looking at REO of individual units within larger complexes....
John Voorhis
Hello from Indiana/ Wisconsin
Hello everyone. My name is John Voorhis and I am from Kokomo Indiana but I am getting married next week!!!!!!!!! and will be living in Watertown Wisconsin where I will be finishing up my last year of my undergrad stud...
Daniel C.
New member from Pittsburgh, PA
Hi all,
I've technically been a BP member for ~6 months, but am just now starting to take advantage of the forums here. I'm 27, married, live in Pittsburgh, and work in finance. I love my day job, so I'm not trying...
Rob Lawrence
BRRRRing a House in West Chester, PA
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $450,000
Cash invested: $60,000
Working on the rehab right now, but expect it to be worth around $700k when complet...
Simon Obas
If I don’t have cash flow?
If after all expenses are paid but I don’t have cash flow, is it a bad deal? Looking into buying a triplex for $370k. Looking to house hack for a year then moving out.
Account Closed
Structuring Partnerships from the Outset
I hear many of the podcast guest mention partnerships. My question is: How do you recommend setting up the partnerships from the beginning so that both partners have the same vision and goals in mind for a property? J...