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Thank you BP world for this amazing resource. I have been soaking in all the wealth of information available here on BP.
I am looking at some potential rehab deals but my fear is my lack of Construction experience. W...
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I can no longer get bank loans since I am now a full time investor. I am toying with the idea of using credit cards to fund the purchase of some solid cash flow properties. I have one credit card that is at 6.9% Fix...
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Hi everyone,
I'm looking to purchase a REO property in the next couple months to hold long term as a rental. Just like everyone else my problem is how to fund it. I have 15k in available credit and a dec...
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to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...
Hey everyone!,
I am from CT here and have been looking around at some Bank REO's using this website. I have found a few that are priced really cheap like 15-40k for some multifamilies. The neighborhoods are rough as ...
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I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...
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As one of our initial investments, we want to buy a vacation home (probably a condo, maybe a house) in Galveston, Texas. We live a couple hours away so could theoretically use this to vacation ouselves when it's not r...
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Hey everyone! I want to share the position I am in with you all to get a good idea of what your advice/opinions on the matter are. Currently, I have a job paying in the low $20's/year and I love it, however it is a ...
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I’m tired of hearing you “why are thinking about a fourplex, why aren’t you shifting to thinking about a 100 unit complex??”My wife and I just recently bought our first live in flip and renting our old house, with pla...
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Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...