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Out of state investor looking for his second deal. Hi BP friends,Thanks to BP and the awesome network here, I was able to land a deal last year in the Atlanta suburbs. I’ve saved some money again and am looking for an...
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I am new to the game. I came across a fixer, estimated ARV $650K. Needs maybe $25-$50K of repairs. I offered $400K cash intending on assigning the contract. My offer was emphatically rejected. I was wondering about of...
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Hey guys good morning,I’m looking to build multifamily ground up. It would be in houston, TX. Can you tell me what is the minimum land needed to be able to meet parking and storm detention/retention requirements, for ...
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Yesterday, I was at a meeting between a builder and his customers, I have had only minimal involvement on the customer side. the builder had given a very specific price for constructing the building. However, he ...
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Hello everyone!I’m new to the site and have found it very helpful. I’m also interested in REI and am leaning more towards flipping. I have a couple of questions regarding tax purposes. It’s to my understanding that ca...
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Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
I found a nice seller financing deal that will provide ample cash flow and minimal down. A friend of mine wants to partner with me, which I am ok with as it will keep money in both our pockets. The buyer is waiting fo...
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It seems like the rate environment has finally crested for sure. Previously, I borrowed where my rate was the 5 year treasury plus 2 points. When the 5 year treasury fell too far, the bank doing this told me they were...
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Over the past year I have had a seasonal job and started buying houses in my own name to fix and rent out while laid off. Next year I will be showing more rental income. What is the best way to structure myself so tha...
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I have been an owner-operator of residental real estate for 15 years and have noticed some changes in how the market works in my area. When I first got started you would run an ad in the local newspaper and BOOM you ...