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Hello all! How do you guys feel about working with a hard money lender? I am planning my first house flip and coming into it with a partner. The plan is to purchase a fixer here on SoCal, rehab it and sell it off with...
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Hi all,I’m a newbie to REI and am looking to buy and hold distressed single family and small multi unit properties on specific blocks in the Baltimore area. I plan to finance using savings and hard money before refin...
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I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?
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Can someone try to list in steps how the subject to takes place? I'm having trouble getting financing, but I explained the concept of subject to the seller and he is willing to do sub to.
Thanks for your help everyone.
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Hi BiggerPockets fam,
I'm Jimmy Kang and I'm just getting started out as a real estate investor. A bit about me. I read Short Term Rentals Long Term Wealth a year ago and it sparked my interest in real estate. As I s...
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I want to know which is cheaper... to refinish old hardwood floors or to install laminate flooring. The hardwood floors in the property is in so so condition, no cracks, but it is uneven in some places though. Woul...
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I bought the J Scott book on flipping houses several days ago and have been reading it whenever I can and I think its GREAT! Now, I've been investing in RE to some extent since 1999, when I bought my first duplex a...
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Hello All i am looking for good, reliable, meticulous and investor friendly contractors who do work in the Rochester, NY area. Trying to move away from doing most of the work myself. Any leads will be greatly apprecia...
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Acquisition fee 2.95% of purchase price of assetDisposition fee 1% of sale price of assetAsset management fee: 1% of equity raisedFund admin fee: .25% of equity raise
Their waterfall is 70/30 split until 13% IRR then...
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So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...