Steven Zai
Promissory Note with 15% return
Hi,I was approached by a realtor/broker that also buys/flips and wholesales properties and he offered me a deal where I would earn 15% return on a property he is going to rehab and flip. The terms of the agreement ar...
Collin Placke
Newbie running BRRRR numbers in FW, criticism welcome!
Seeking advice/criticism on the numbers I'm running for a certain property. I want to make sure I am looking at the right resources for projected rent, ARV/comps, and make sure my repair estimates are not completely o...
Joe Benson
closing on first property
Hi, I've posted about the concept of out of state investing before, but just had my inspection and getting ready to close on a duplex in a month. the inspector was very thorough and said this was a good buy considerin...
Yuvaraj Vimawala
Multifamily Offer contingencies
Hi BPites,As we all know the MFR market is pretty hot and deals are far and few between. A strategy I have been following is to make few offers every week without seeing each and every property. I strike out almost 10...
Daniel E.
Is everyone note investing with 100% cash?
Having a very hard time finding a lender who will finance distressed note acquisitions. Has anyone been able to achieve this? Do you structure a line of credit or do they lend a percentage of your purchase price? Do y...
Mike Carstens
How do I enter the appreciation of value after a refi & cash out?
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...
Kyle Cabral
Marketing Allocation - How Much of Net Income
Hi BP community,I have a general question. For those who are planning out their marketing attack for 2016 right now, how much of your net worth do you allocate for marketing for any given year, month, quarter, whatev...
Dustin S.
Stripping Equity
Hi all I have a property the I purchased 6ish years ago with a conventioal 20% down loan. Since then teh property has appreciated considerable. I refied a couple of years ago an pulled out my initial capital but now i...
Andrew Bosworth
Creative Financing for a Buy & Hold
I am currently looking at a 4 unit property, fully rented. My model is to buy properties with cash, renovate, lease and refinance. If purchased and renovated at the right price, this allows me to get my money back a...
Robert Smith
Should I Sell or Continue Renting Out...?
My situation:Renovated a home purchased for about $166k back in 2018, and for the most part, it looks like a better home, but there were some issues discovered that I didn't notice during the inspection phase. Those l...