Hi
I need some help understanding the steps to financing a BRRRR.
If you're using hard money, do you secure financing before or after finding a distress property to purchase and rehab, or do you get pre-approved and...
Hey Guys,My partner and I have experience using private loans to BRRRR SFHs. We are trying to move up into small multi-family and bring on equity partners. Ideally we would bring on one-two investors to cover the do...
Is there any real difference when flipping muti-family units? I happened to come across a person selling 3 duplexes and I'm wondering, as I've never flipped or studied duplexes, if there's any special things to consid...
Hello,I have a flipper business associate that I loan money for rehab projects in Portland Oregon. He uses a business loan to purchase the property (historically 50-60 cents to the dollar for selling price) and I loa...
i have a commercial property that I'm considering unloading. Equity position currently 70%. Would like to 1031 into a multifamily in Orange County. I've done the math and if I go into a property with a 4% cap keep...
I am lending on a rehab through my IRA. I want to release the funds in multiple draws based on progress of the project. My contact at uDirect does not know how I can accomplish this. He wants to release all of the...
Hello BP! I am in the process of obtaining a HELOC. My strategy is to use it to purchase properties cash ( I am looking for duplexes or anything that is 2-4 unit as opposed to SFR in Milwaukee) using the HELOC and the...
I'm trying to acquire a couple single family rental units with a partner this year, but when talking to insurance agents in my town, (Louisville, KY), I am being told that any property in a trust or LLC must have comm...
Hello BP,This is my first post 😀I am planning to purchase a college rental property by the University of Minnesota (likely on the east bank/Como area for Minnesotans). I will be partnering with one other guy on the de...
Hey everyone...
I've been reading all I can get my hands on REI since I was a teenager... Taken a state Real Estate Licensing course and a couple broker courses... but nothing has "fed my appetite" like BP!
I am loo...