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A quick newbie question here!
After much great feedback from you and some hand holding from a couple of experienced, generous mentors in my town, I'm in the process of making offers. I have one expenses question tho...
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I need some help. I am trying to purchase a 4-plex. The purchase prices is 565,000. The builder is requiring a 60,000 downpayment (construction loan) because he does not have the cash to complete the construction. I d...
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Hello BP community, I have a rental property I previously lived in for 10 years and have rented out the last 2 years. I have about 75,000 in equity in the property and it cashflows about $250 after all expenses (Maint...
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Hi, I am a first time buyer under a FHA loan for a $350,000 home; down payment of 3.5%. I’m a little nervous, while raising capital, if the seller will cover my closing cost. I am currently saving capital under the gu...
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I live in New Jersey. I currently own a home that I have lived in for 10 years and has appreciated by about $95K. I recently started a new job about 50 miles away, so I am considering renting out my home and renting ...
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I am planning on investing into a real estate development LLC as a non managing member for the prospective development of a 90+ unit senior housing project. The returns and distributions are excellent (2.0 multiple) ...
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Hi Folks, I thought there was a sticky somewhere spelling out the 2% rule and how it originated. Maybe getting confused with the 50% rule. But anyway want to find out how to back up the 2% price valuation.
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If you want to get into a JV with a land owner, what are the considerations to determine the return to them? What are any other general considerations from the perspective of a property developer?
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So, long story short, I have a piece of vacant land I'm thinking of selling. It's right next door to my residence, so it counts as part of my homestead. I've only owned it for a year, though, so if I sell now I'll ...
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After thinking about real estate investing for sometime, I decided enough was enough and it's time to stop thinking and start doing. Thanks to BP, the world of real estate investing suddenly felt tangible to the avers...