Gabriel G.
Subdividing land and new construction
So I've recently started doing another direct mail campaign and have been getting some leads that don't make sense for a flip but have a big enough lot for it to be subdivided and built on. How do I know if the number...
Brit Hale
Buying in LLC vs Personal Name
In regards to purchasing long term hold rentals:
In my market, it seems that an investor purchasing a rental can get a 30 year fixed mortgage in the range of 4.0%-4.5% with 25% down when purchasing in their personal ...
Brian Malesa
How to negotiate down a deal
Hey Everyone - With the current market conditions I see a lot of people talking about "negotiating deals" what are your strategies for this, and other than trying to drive down the price of the home, what else do you do?
Yu Liu
Newbie: Refinancing Duplex - find best rates
I have been looking into refinancing an investment property (duplex) and have been given very mediocre rates. Currently my best one is 4%, 0 points, and $1500 towards closing costs. I was wondering what banks, credit ...
James Brand
CoSigner Screening
Hey BP,I have two students who would like to live in one of my units. They have only lived in the dorms, should I have their cosigners submit the background and credit check? I do not think their will be much fruitful...
Ethan Wilson
Seller Financed 5plex in Elkmont, AL
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $200,000
Cash invested: $80,000
This is a 5plex we bought back in November just outside of Athens, AL ...
Albert Howard
STR Buy…Can I use Hard Money then refi out to a traditional loan
I am looking to purchase a home but want something with sweat equity. That has been forcing me to find deals that seller only want cash. They create great cash flow at the end but I am looking to use Hard Money to pur...
Tkai Savage
Do you need the full cash amount to flip a house?
I don't quite understand how flipping a house works. I understand that you buy the house for a low value fix and renovate it, and sell for more than what you bought it for. Can you get a conventional loan to purchase ...
Joshua Durrin
Applying Rules of Thumb to Inflated Markets
Hi there, I'm looking to do some wholesaling in the east bay. However, when one considers the discount on the property after applying the 70% ARV rule of thumb, that's a pretty sizable chunk of money in this inflated...
Rick Casady
Second Duplex bought, was a great learning experience for me
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $139,000
Cash invested: $35,000
This was my second duplex/rental, the seller lived in one side and rentented...