Jonathan Abrado
First Deal- Analysis Paralysis and Unsure If Good Deal
Hi BP Community,Newbie here! I currently have an off market deal under contract in Stamford, CT from a family friend. Originally was trying to do a seller finance deal and they were open to it, but things got a little...
Bab Adetiba
Should I build to rentv
If I can get $1,000 rentals on a lot and 1400 sq ft new build for $100,000 all in, why shouldn’t I rent the home? In Dallas a high appreciating market, I want to build a 1400 sq ft 3/2/1 on my already developed lot, m...
Jon Ostojic
Loans for new primary residence before listing/selling current?
Hello. I live in a HCOL area (Seattle), where the market is still relatively hot and a seller's market. My wife and I have started to seriously consider selling our house to move to a nicer area and find a place with ...
Geoffrey O'Brian
Contributing a property to LLC with deveoper triggering a 1099?
Hey all. I'm in California and am contributing my property to an LLC. Single member at first (me), then multi-member. There's a managing member who is the developer. We plan to build on my lot and my neighbor's lot.Th...
Michael Steyn
$150 000 (cash) No Credit Score: Best Strategy
G'Day BiggerPockets,I will be immigrating to the States in July and currently contemplating what the best investment strategy would be for someone in my situation. I would not have a credit score when I first arrive, ...
Mark Gingrass
Wholesale specific
Is it customary to ask what the contract price is on a wholesale propety.
This property was offered for 12K and I offered 7K for it. They said no but they would take 8K...So my partner backed out and I told them I co...
George Elchaar
First investment property - closing May 1st - looking for strategy to pursue the 2nd?
I'm locked in to settle on my first investment property May 1st. It should cash flow around $500/month... using semi conservative assumptions. I'd be happy to share numbers if interested. My ultimate goal is to have a...
Herndon Davis
How to Refinance, Repair Vacant Multi-Family
I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...
Logan Reuter
Finding an experienced investor to learn from
Hey, everyone! My name is Logan Reuter. I am a 21 year old who is finishing up my bachelors degree (online) and have just completed my first BRRRR. I work full time as a construction sales rep in St. Louis, Mo. Althou...
David Marsh
Purchasing a second house, renting out the first one
Hello, I am currently in the process of moving to Texas for a new job and I was looking to rent out my current house I own in another state. The issue I'm having is that no bank I've talked to is willing to do a loan ...