I have a wholesale deal that I would like to close with 1031 exchange funds.In the past the QI has wanted the closing docs and I am sue this one will be the same.Does the wholesalers fees or funds give any problem to ...
Good morning BiggerPockets!I'm looking to see if anyone has recent development costs for developing a mobile home park. I've read and dug around and come across the number of $15,000 - 20,000 per pad, but it feels lik...
Hey BP Community!So quick background, I'm a commercial GC, in the industry for about 10+ years now, so I understand the industry from a larger scale, not much overlap into small residential, but have been looking to g...
I know this is a very amateur question, but I don't understand how exactly equity is actually used in (or helps in) obtaining more properties.
For example, investors typically buy at 70% of market value, less repairs...
Hey BP community! My name is Aymen and I am super excited to be a part of this community and look forward to learning and growing with everyone! Thank you in advance for taking the time to read my post! My goal with t...
Hey Everyone! I'm debating whether or not to have my first property be a house hack or to buy and have long term tenants. I know this is very specific depending on location and property but I wanted to get some opin...
I know that seller financing is the perfect option for some sellers, but what are some reasons that the seller would be interested in it?
Hi BP
I just made a cold call on a turnkey duplex in my market. Owner loves the property. Said its been a great money maker over the 17 years she's had it. But sounds like she would be willing to sell at the right n...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Hello, my name is Juan I have been studying realestate investing for about a year now, and have decided to pursue this as my lifes goal, I recently found out about the 203k fha loan, and I have decided to invest in my...