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I have a question concerning house flipping. I know most use hard money lenders & private lenders to acquire the property but how do they finance the renovation? Do they borrow more than what the purchase price of...
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For example, what If I work with a seller and want to purchase the $10,000,000 property with a commercial loan, and then assign that contract to a end buyer who also wants to purchase with a commercial loan. That's a ...
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Hey everyone - I’m newer to the forums but a long time podcast listener here in Iowa. I’m a realtor, and was talking to a former client today who moved to Austin,TX and works for a Real Estate startup called Opcity. J...
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Two days ago I put in an offer on a REO owned by HUD. My agent went to check on status of offer yesterday and said HUD had canceled my offer with no explanation. Can someone shed some light on why this may have been t...
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I have been sending out hand addressed letters and having pretty dismal results.
I have mostly 30, and 60 (not as many) day late leads...
What do you recommend I adjust, etc.
Thank you...
Best regards,
Anton
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I've invested in condo units in DC and had recent success filling them with Section 8 Voucher-Holders for above market rents. The investment is tilted towards cash flow, as there is little opportunity to create force...
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Hello BP community,I am looking to complete my first deal within the next 3 months in the Saint Paul, MN area. I have found a few properties I would like to purchase to buy-and-hold. I have my eyes on two duplexes and...
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Just been thinking of anything I can and should do to be prepared for bidding on my first rental property. I know there are alot of investors out there and I will be competing with some successful big shots. I don't l...
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For quite some time I had wanted to get in to the self storage industry. My local market seems hot, my nearby facility just expanded and filled the new units quickly. I'm in the process of doing market research.I am c...
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Hello Community,We have an investor! Our investor is willing to loan 100% of the price, but wants the property in their name until 20% it is paid off. With an 8.5% over 30 years note. I am concerned with how long it...