I want to buy a distressed property, rehab it and then rent it out. Is it better to get a first loan for 75% of the ARV with hard money for 60 days, pay the sales price and use the delta (and any extra personal cash i...
Hello all...again. I am Leny Pearson I joined BP a few years ago and DID NOT USE IT! Talk about not seeing the forest for the trees. I started to get into REI and suffered from analysis paralysis. I ended up missi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
1920's duplex in coastal San Pedro CA. One unit is a 3-bedroom, 2 bath, and the other unit is a 1-bedroom, 1-bath. There is a thre...
If you get a property under contract, and you end up not being able to find a buyer or close the deal, what happens?
Could anyone help explain this simple term to me? Thanks.
How does the 2 out of 5 rule apply to situations over 5 years. Would it be safe to say if I lived at my home for 10 years then rented it out for 3, I would need to sell it before that 3 year period ended to avoid pay...
Please forgive me for not knowing or fully understanding, but what is the not obvious difference between an all cash offer VS a buyer with a loan from a bank? Isn’t the sellers end goal being met either way?Thanks in...
Has anyone used chemene van gundy’s wholesaling course? Was looking into it but haven’t really heard any reviews except a couple YouTube videos.
I am looking a certain neighborhoods and looking to find the ARV's for 2,3,and 4 unit buildings. For some of these, I can't find comps, even by searching as far back as the MLS states. If I buy a property, renovate, a...
I've got quotes from progressive, liberty mutal and still waiting to hear from state farm. Progressive can back at about 2k and liberty cam back with 1500+500 for umbrella. Progressive didn't quote me on umbrella beca...