Allie Barke
CapEx percent for condos
I am hoping to buy a condo as my first rental property. It seems there is not a lot of discussion around condos on BP. I think that the percentages for CapEx and maintenance should be little lower for a condo v.s. a s...
Account Closed
Financing a Rehab - would love some advice!
I am financing a rehab on a new quadplex, and wondering the best Credit Card to get/apply for with no APR for 6-18 months and pretty lenient with credit limits. Or if someone has a better strategy?
My liquid positio...
LeAnn Riley
11 Unit Apartment Building
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $880,000
Cash invested: $220,000
11 Unit Apartment Building
What made you interested in investing i...
Rickey Wallace
Transactional loan for short sale
Why would someone consider using a transactional lender to buy a short sale or REO? Since the loans are for such a short period of time, ¿how would they be able to pay it back by the time the 3-7 day term is up?
Lawrence Monyei
AS A WHOLESALER, HOW DO STRUCTURE CLOSING COST?
As a new wholesaler, I need to know how to structure or calculate the closing cost in a wholesale deal. Who and who pays the closing cost?I will appreciate and understand this much more better if suggestions can be st...
Adam Schumacher
Buying a fourplex
Hello everyone, I am just starting out.What are the key benefits of buying a fourplex as your first rental property over any other type of property?Thanks in advance.
Tony Hill
Generating Pay Stubs??
I'm currently in the middle of my first flip. I have a friend who I am paying to do most of the work. He would like to buy a house for himself, but since I am providing the bulk of his income at the moment, he needs...
Daniel McCauley
Chicagoland-2nd Home Purchase as Primary Residence
Hello and thank you for reading! I'm sure this is posted often, so I apologize ahead of time. My wife and l bought our current home 8 years ago. We are about an hour west of Chicago. We are wanting to buy a new home ...
Jason Walkowicz
Seller finds the buyer
I was curious as to how the other wholesalers out there handle your wholesale deal if the seller is the one that finds the buyer and asks you for a consession on the price because of it.
Deron Barnes
Tax Liens: Affidavit of Subsequent Taxes
Hello BP,I am currently preparing to bid on tax liens and I know paying the subsequent taxes is crucial to getting the max return in the long run. It is my understanding after winning the initial tax certificate, the ...