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I have investors that I can borrow money from. I’m trying to figure out how to pay my investor if they loan me $100k @10%. I’m going to be doing the BRRRR method so I won’t be holding the money that long.
Will I pay...
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Louisville, KY investors is this a deal?I have a 2 bed 1 bath 850 sq ft house under contract in Shively 40216.Purchase price of $50,000 and an appraisal of $74,000 (67.5% LTV) . The house needs minor cosmetic upgrade...
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Hi everyone, I’m Kevin, 27, and an Air Force Pilot. I’m excited to say that yesterday, I vacuumed my truck. If you don’t know what that is, go listen to Podcast #276. I first became interested in real estate when in m...
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I have an opportunity to purchase 6.4 acres of land zoned for 115 apartment buildings. My financial models show 15% cash on cash return on a $950K investment for 65% of the equity. Any thoughts on finding investors ...
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So here’s the situation:
My husband and I bought a SFR under an LLC in a transitional (early stage) neighborhood. We spent the past couple of months fixing it up and just put it online for rent.
Within a couple of ...
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Hi BP community! Have an interesting situation on my hands and I think I know which direction to take, but I'd love the opinions and thoughts of the community to help guide my novice self!Situation:I am buying a prope...
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If you have an option with a seller that you are trying to wholesale, can't your end buyer cut you out of the deal pretty easily? From what I have read and heard the seller can still actively market the property to o...
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I found a nice cheap place relative to comps in the area, but it needs a lot of work (maybe $50,000). It's been on the market for one month and the bank has already lowered it's price. Now if I fix it up it's still ...
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Hi all,
My husband and I own a 4-unit building...2 units on the second floor, and 2 on the lower level...I guess you could call them "garden" apartments. Due to the record rainfall over the pa...
Here is what I am considering for my 1st deal:
$63k purchase price for a duplex
Rents are $550 each unit + utilities
RE Taxes are $1,517 per year
Here is what I underwrote:
20% down
6% fully amortizing 30 year loan
...