Hey All! New member here! I searched the forums and couldn't find an answer to this question. I appreciate any advice in advance. I'm closing on a purchase this week with the goal of flipping the property in the next ...

As technology continues to take center stage in the 21st century, many businesses and industries are looking for ways to leverage Artificial Intelligence (AI) as part of their operations. Real estate is no exception –...

Want your thoughts on this. So, I am in the middle of purchasing a co-op unit for a flip. The property is being sold as-is / cash only by the management/Hoa of the development. The original owner stopped paying the ta...

I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...

Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000

Q3, 2007 apprasial with quoted repairs $2,000,000

Expenses run 40%, plus vacancy (est. 10%).

Gross income is $330,000

Your thoughts?

Follow up to original post on buying Larger properties. I hope you enjoy, and feel free to add your thoughts or questions. Rich

http://www.biggerpockets.com/blogs/575/blog_posts/2615

Hi all,I'm considering paying cash for a property in Kansas City and then refinancing. Was wondering if anyone know any good arms-length appraisers and home inspectors in KCMO they would recommend?Thanks and I really ...

Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...

Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.

I just did this on another property - bought an...

I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k)  and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...