I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
Alright!! I been working on few deals and one especially with a old pool. We are closing on this deal soon and checked with few contractors to close the pool. Nobody talks about the permit except one guy. They all wa...
HELP!!! House under contract & the pipes burst damage in excess of $10,000!I may have told a little white lie to get you to open this thread. I don't really need help. This situation has already happened to me, bu...
Seller has offered to finance his 600k property with the following terms:
10% down payment and 6 percent interest rate. The goal is to wait for rates to go down and me refinance in 3 years for a better rate. The goal...
Hi BP,This question goes out to all the Texas mortgage brokers and bankers out there. I have a duplex in Austin Texas that I would like to leverage for the purchase of another property. I lived in the duplex for one...
Ok, I own two properties that I have had awhile, they are rentals and I am loving the numbers. I am now looking to buy more and the market has become super tight here. Prices are high and inventory low, a definite ...
I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
Anyone, and I really mean anyone that is doing any form of construction/rehab, a word of warning: Always buy whatever materials (lumber, cabinets, flooring, sheetrock, plumbing, tile, sprinkler system, lighting, etc.,...
Hi everyone,I’m curious to know if anyone has had first hand experience using Hipster Investments to buy TK properties? I see the founder, Ali Boone, writes a lot of articles for BP, but I haven’t been able to find a...
Hi, I currently put 600-1000$ a month into a fairly safe 5% interest bearing account and I want to start putting about 100$ a month into something that is more high risk/high reward as well. I am considering doing thi...