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Based on income, I qualify for a $500k mortgage and my friend qualifies for $2M mortgage. Together we want to go in on a real estate project(s). We can throw down around $500k-700k.
We are both based in Brooklyn.
M...
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So I got this house and right now the ARV is at 130k (now)(3beds/2baths) but in less than a month or in a couple of weeks, the value of the properties in that area are going to increase a lot. The reason why a lot of...
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I have been in the landscape maintenance, design and install industry for about 15 years in Denver Colorado and I know that to many people the landscape is extremely important to their quality of life and the value of...
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Hello,How can I sell a property with 15 year lease for a profit after 5 years? For example: I buy a commercial property for 1 million, NNN with a cap rate of 5% and 15 year lease. Hypothetically, after 5 years there...
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Hello all, I recently went to South Bend over this past weekend and looked at a handful of SFRs. Some were in better shape than others. I'm looking at a place west of downtown and Marion street between Colfax and Rout...
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Hey, guys!
I’m looking to close my first wholesale deal. I just purchased my first vacation cabin and it’s absolutely CRUSHING it. Now, I want 50. (Haha!) I’m looking to acquire larger sums of cash to do so and I see...
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I've done a couple of flips and currently redoing my business plan for 2018.I have a couple of questions for the people that are flipping 20+ properties within a year which is my goal.1. If you're flipping 20+ propert...
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Hey Guys,
My partner and I just got approved for a loan to buy 5 college rental properties. My partner and I are both in our last year of college and have never managed properties before. We are going to manage these...
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Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
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I just closed on my first buy and hold property. $35k cash for a 4 Bed, 2 bath that I think would easily command $1,000/mo. post-rehab (9+% cap). I plan to budget about $20-$30k for rehab... updating kitchen, bathroom...