Hey BP friends - I am interested in purchasing a property that needs some work and want to add more sq ft. I am taking to a hard money lender, who will fund the purchase and renovation cost at 10% down payment. Points...
I need help with a deal - the offer, deal structuring, and funding. Any suggestions would be greatly appreciated.
Here's the deal:
It is an REO, new on the market - asking price - $29,900 for a 2 Bed 1 Bath condo, re...
So if I invested 100k into a MF value play syndication deal it seems I would earn 8-10% passive income (that seems to be the average). If I took the same 100k and purchased four SFH I would (or should) earn about the...
I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
After some inspiration and listening to the BiggerPockets Podcasts, I feel inspired to take the leap forward. I've come to a realization that I do not want to work a 9-5 job, making others rich and not having my own l...
So I am currently not in the game (abroad in W. Africa with the Peace Corps), but planning on finding and purchasing a buy-and-hold multi-family (preferably 4plex) in a Connecticut city (New Haven, Waterbury, Bristol,...
Ok so we all thought about REI way too long before taking action right? So I'm in action...but actual action is a full time job in itself..lol..that was a fact I should have anticipated, right? Anyway, I'm real busy w...
This year we increased our net worth by 355k from one deal! Here’s the story.
On January 17, at 10:30 in the morning I got an email from a wholesaler advertising a 6-plex in Florence, Arizona, for 320k. I usually bu...
OK, I know this has been beaten to death on multiple posts and podcasts but I'm still having trouble figuring out the best way to account for CapEx figure. Don't pounce just yet..hear me out! This is probably analys...
A theme I heard several times at the conference was the notion that some very successful landlords did not ever wish to pay off their mortgages on their rental properties.
Rich Weese also touched on his strategy of b...