Travis Beatty
Confused about private money interest rate example in BP book
I’m reading through “Investing with No/Low Money Down” and am struggling to understand private money interest rates, specifically the example on page 101.
Investor receives $130K, for a five-year term at 8%, interes...
Justin Misner
BRRRR refinance after lease signed but before tenant moves in?
Hello BP Community! My business partner, @Justin Stuardi, and I are in the planning process to purchase our first investment property with the intentions of making it our first of many BRRRR properties for our new por...
Todd Cianciulli
No more W2
Laid off March 2014. No independent contractor (1099). Will anyone give me a loan or do I need to wait another 1.5 years?
Letricia Steed
Pay CASh For The Property & Rehab. Then Refinance Or USE Hardmoney To Buy And Rehab?
Hello All,
Im new to the BRRRR model and I've been reading the book. I have a question about a property that backs up to a lake. Is the BRRRR model suggesting that the best way to implement the strategy is to use yo...
Eric Hamm
Commercial BRRRR in Merced, CA
Investment Info:
Retail commercial investment investment.
Purchase price: $840,000
I bought a run down, nearly vacant commercial property. The property consists of 3 Retail units and 3 Office units. I ...
Tim Mangold
Subject-To Deals Using Private Money
Hi Everyone,I’m reaching out to the Bigger Pockets crowd because I would like to do some subject-to deals using private investors, however, I’m not sure how I would structure the deal. I've been working leads for leas...
Adam Schneider
Attention Spans and Fear
Stephen Covey says to seek first to understand, then to be understood.When dealing with an investor (private money lender, rehabber, wholesaler, landlord), we need to understand what is motivating that person, but als...
Daniel Beaston
Financial Advise for flipping
So I have a partner and we have all of the resources we need to flip a house but the capital is lacking. We don’t have much money to put out and was wondering what everyone else has done in a similar situation that co...
Detra Harris
What's the best approach for a newbie's first deal?
Hello :)I have a client who will be retiring this year and would like to invest into a small apartment building to obtain retirement income. She has been on the job quite a while, credit not perfect but fair, plannin...
Andrea Lizcano Summers
20k for rehab, where to get funding?
Hello everyone,Please share any ideas you have to help with the problem below:I have found a retired couple who own, free and clear, a second house in Houston, Texas they would like to use as a rental property. The ho...