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Results (10000)
Josh Rich Partnering on my first deal
30 May 2014 | 18 replies

A BP friend and I have been talking about forming a partnership by doing a fix and flip deal together and we need some guidance. Here's the rundown:

We are splitting costs 50/50, profit share is 75/25 (he ...

Ericka G. Awesome Deal (See Numbers) Stalled by Financing - What Next?
16 July 2016 | 25 replies

Last year, I stumbled upon a really solid niche investment opportunity - airline crashpads - and am on the cusp of closing a great deal BUT was turned down by my bank for the financing. This would be my 3rd deal in th...

Sean Myers Anyone in Maryland used a 203K for a Live & Flip?
11 February 2016 | 12 replies

I've decided to make my next investment a "live and flip". The plan is to buy a distressed property at the right price and use a 203K loan to fund the bulk of the rehab work. Once that work is done I'll be an owner oc...

Mario Palacios LLC or Liability insurance?
4 May 2018 | 22 replies

Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...

Jeffrey K. Do Wholesalers Hurt Us?
24 November 2009 | 20 replies

I have always wondered if wholesalers hurt us buy and hold guys when dealing with banks. I am sure there are some good wholesalers our there, but the majority that I have had contact with are useless noobs or slick c...

Andrew Taylor This Seems Like a Winner: What Say You, BP?
12 April 2016 | 23 replies

I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...

Keeya WangJones Renting my new investment by the room
3 December 2018 | 10 replies

Hi BP,
It has been an exciting year but also a painful one. I finally bought my first investment property and put a some funds into to create a granny flat studio. Unforeseen because mostly lack of experience and it’s...

Kyle Schlosser 30 year am for 1-4 and/or 5+ units in Kentucky?
13 November 2018 | 29 replies

Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...

Vinh Tran Investing in Tampa, FL
19 May 2022 | 20 replies

Hello BP,Looking to start a conversation on investing in Tampa, FL. Would love to speak with investors/agents/homeowners to learn more about the market - i.e. types of investments, pricing, property management, econom...

David Lemont Looking to buy a condo to STR in Cape Coral / Fort Myers
22 February 2023 | 18 replies

I’m trying to find a condo to start short term renting in the Cape Coral / Fort Myers area but the problem I’m running into is all the condos I’ve seen have a 30-Day minimum stay requirement. Does anyone know of any c...