Darren Jordan
First flip in the books
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,500
Cash invested: $54,000
Sale price: $193,000
My partner and I just completed our first fix and flip! Ou...
Benjamin Zwiebel
What is a fair percentage of equity for finding the deals?
Hello all. I need a little insight. So, I am about to enter into a deal with a new partner for a percentage of equity in the properties in exchange for finding the deals. He has exhausted the on market deals for our a...
Andres Prince
Own a 4 unit ,cap rate 20% should I sell? Im 24y/o
Hi,I’m 24y/o ,I own a 4 unit that gives me a cap rate of 20% ,equity at the moment 130k ,should I sell and make a flip? Or keep it (can’t refinance bc of a recent bankruptcy)
Stephen Roy
Newbie from Ottawa, Ontario, Canada
Hello Team,My name is Stephen Roy and i am 25 years French Canadian old from Ottawa, Ontario, Canada. I've bought my first house at a very low low low price when i was 22 years old with any knowledge or understanding ...
Joshua Elliott
Just Deeded A Property
My grandmother just signed the deed to her home over to me. The home is paid for. No taxes are owed on the home. The home, however, is in need of a lot of work. I do not know where to begin to look for funds. I live i...
Joseph Miller-Hall
I'm not a BIG FISH, and that's OK.
Recently, I have struggled with this notion. I am not purchasing 20 unit complexes or BRRR'ing hotels. I am not cashflowing $200k/yr. nor am I buying $1MM worth of real estate in one year. In my 2 1/2 years of inves...
Tamera Muniz
Newbie looking for funding fast
I am looking to fund my first rental property as soon as possible but am running into a few financing snags. Applied for a HELOC at local credit union but they’re saying it’ll take 8 weeks to finish process due to app...
Luis Montanez
home imrovement company propositions
Hello BP family,Questions up front. Is this a good idea? Are there REI actually doing this? anything else to include in the contract to ensure I get my money back?Story:I been out of REI this year since i believed hou...
Manuel J Hernandez
Purchasing First Rental Property
My dad and I are trying to figure out to purchase this house as a rental property. The house is already rent ready but it could use a bit of repairs if we wanted about $5k - $7k worth. The seller is asking $120k and t...
Oscar Flores
Does the loan from a lender also cover your closing cost
Hi when planning on how much I would need to save for my first purchase should I include closing costs or is it paid thru the loan