Hi BP, I would like your input on this SF turnkey, 2/1, 1946, currently rented, new roof, new mechanicals, new plumbing, refinished hardwood, new kitchen, new bathroom. I calculated the vacancy rate quite high, as the...
Hi Everyone,Sorry for the dumb questions but I am a newbie trying to figure things out. I want to try wholesaling while I am studying for RE exam/license.I read up on the information on this site on how to find prope...
I just got an emailed from a lender i work with:
If you noticed from the bulletin that I sent you it stated that FHA is shutting down accepting any flips less than 90 days effective Jan. 11, 2011. Going back in time,...
I have recently taken a job in a different area than my Jacksonville, FL home. My wife and I are buying a new home in our new area, but are undecided what to do with our current one. The market in my immediate area ...
Hi all,I'm looking for a little help in how to structure a private note. Another investor and I are partnering on a flip and slipping the profits 50/50. My side of the funding is coming from my dad, who I will be spli...
I am planning to open a Checkbook Self-Directed IRA LLC through a custodian that supports these accounts. I understand that you also need to obtain an EIN for the purpose of opening a bank account in the LLC's name, ...
I'm am about to partner with someone in the Atlanta on a fix & flip property in the Canton area. I have a draft JV agreement, but the general structure is I would provide the capital (up to a max amount), he'd co...
Many people consider project management to be the direct activity of engaging in a project. A kind of- it will happen no matter what, attitude. To some degree this is true, but this kind of passive stance toward proje...
I currently fund my California fix and flips with a mixture of Hard Money and Private Money. I create a promissory note for the PM and record it as a second lien against the property.
With the current requirement in...
Quick background for the braintrust here.
I am a Texas Corporation that is in the residential income property development business.......I build mostly duplexes in Texas, Tennesse, and other states. I market "MY" prop...