I put in an offer on a triplex this morning. This evening I received this letter back from the listing agent, basically telling me that the neighbors said that the property was a meth lab. The owner says they aren't a...
Hi BP
We all had to start somewhere....most likely, a majority of us didn't get it right the first time.
1. What was your "tuition fee" into this business? (The deal/project that started it all)
2. How was it funde...
im 22 years old from brentwood new york looking to close my first deal. im just starting out and very motivated and ambitious to make this happen, i have no support or any help at all! my family does not believe i can...
I purchased my first duplex a month ago with the intention of owner occupying the back unit while I fix it up and eventually rent it out. It is located in Gardena, CA which is in a non rent control part of Los Angeles...
What is the minimum amount of capital needed for someone who currently is not working, to purchase a commercial property, such as a motel, with a down payment of 20% and getting a mortgage from a bank, and being able ...
Hello BP !!! I have done a few flips up until now but I have them under one LLC. I was recently told be a fellow investor one LLC is needed for each flip project that is done. I did not get the chance to understand th...
As my partners and I are looking for our first property we've been struggling to find a reliable team. From the dozen lenders that have simply ghosted us, to the lawyer that is more then happy to bill us for work that...
Hey Everyone, my last post I received some great help, but now, I am looking for advice/ guidance. It's practically July and The Fed meets at the end of July, and three more times after that. I expect slight increases...
Hey BP Community,I'm looking for my first investment property (hoping to owner occupy a duplex) and am trying to heed the advice I've heard on BP webinars, podcasts, and read on the site to make sure the numbers work....
I been shopping around for the past 2 weeks and the best I have seen out here in my local market Los Angeles is 5.875% 30 year conventional fixed (25% down) with 1.25 points for a 2 unit investment loan duplex? A lot ...