As I understand it, owner financing is a way for the buyer to purchase a property, without having a bank involved. Instead, you take out a loan from the seller and pay them instead.
This leaves me with some questions...
Hey BP Community,Question for you all: Looking to open a Line of Credit (called a Pledged Asset Line by Charles Schwab) against my brokerage investment accounts. Does anyone have any experience with this? I opened a H...
Just thought I'd share a big win to inspire other investors:I recently purchased a 3 unit triplex in Hialeah, Florida for $270,000. It was below market value for that area and I bought it under rented at $2,600/mo. Th...
Hi Team,My wife and I just closed on a vacant duplex in Oakland. We're thrilled as we've been saving for 4 years! It was recently renovated by the long time owners and move-in ready. We've never been landlords before,...
Hey, I was wondering, what is the price for converting 2 car garage to a 1bd/1ba Unit?how much the labor/rehab cost?How much the city fees to get permit?how long it usually take?nothing crazy, simple 1bd/1ba Unitthanks!
Hi All,
I read somewhere a good rule of thumb is a 30% equity purchase price. I guess the idea is that after closing costs and other potential fees there would still be enough left over to be a good deal. (I guess th...
Hi All,New to BP and my first post. I'm a relatively young buck (28) who has been focused on the equity markets to build my capital over the past few years. I've worked for a real estate private equity firm specializi...
I'm excited to be a part of the BP crew! Thanks to Josh and the BP membership for making this such a great resource for those who want to educate themselves about REI.Since I was a kid, I have always been fascinated b...
The Washington Post recently published an article outlining four reasons why single family home investments are better than apartment complexes. They are summarized below as more favorable financing, easier to sell, m...
I just returned from the American Association of Private Lenders conference (AAPL) in Las Vegas and thought I’d write a review. If you loan your own money, perhaps run a fund, fractionalize, or otherwise accept m...