Cole Robbins
Starting out, Money!
Hello All,I am new to all of this and have been analyzing about 5 multifamily properties a day and the biggest bump in the road is always money! I am currently an active-duty Air Force meteorologist , putting some mon...
Alejandro C.
General contractor asking for 50% advance
I received quotes from contractors to remodel a home in Miami (Angie.com); the contractor that I want to work with is asking for 25% when signing the contract and 25% at the start date. The other 25% when 75% of the j...
Caroline S.
Can I get out of a new build purchase agreement?
Hi Everyone,
about a month ago, i signed a purchase agreement with a builder for a house to be built and completed by Feb/March 2018. The house will be located in Fredericksburg VA.
I put down $3000 when I signed. $3...
Justin Tahilramani
Purchasing a REO using 0% Balance Transfer
Hello,
Just looking for a little advice. I have an REO that I am considering making an offer on. I feel confident about the numbers, but I wanted some advice on using a 0% APR CC Balance Transfer to float t...
Sarah Jones
all cash purchase questions
I am trying to buy a house the house was listed at 190 and it went to escrow at 210k, it fell out of escrow becasue of some title problem the neighbor said they can park their cars in the park space and it was on the ...
Caleb Griffin
Help buying first deal with full-time job and no money down
Hello BP Community!I'll jump right in: I would like my first deal to be a duplex/triplex (or even 4-plex) that I can use an FHA loan to purchase, and live in one unit while I rent the others out. I would like to use O...
Account Closed
Structuring a Private Loan
I have never done a flip with a private loan before, but a good opportunity has presented itself and I know someone who is interested in partnering with me. The way it would work is he would fund the purchase and reh...
Vaughan Moody
Ideas for encouraging my children to save money
I want to teach my children the joy & power of saving money, as the first part to their financial education. They have piggy banks, but they can’t see how much money is inside, and half the money inside is paper b...
Jean-jacques M.
very bad experience with a Turnkey in Detroit
Hi and thank you to anyone who could help me.I signed a contract in january to buy a single family house to a Turnkey based in Detroit. Typically the house had to be renovated before closing. The home inspection rev...
Mike Lindsey
Preconstruction Investing: What are your thoughts?
I've been getting emails on this from different sites and was wondering if anyone has ever done this before and if it is risky and if it is risky is it worth the risks? Thanks in advance for your thoughts?