Hi BP! I wanted to share the spreadsheets my wife and I created to do deal analysis and accounting for SFR rentals.Proforma:http://www.biggerpockets.com/files/user/SpiralLoxo...- Assumption inputs can be entered as e...
Hello fellow note investors,I am wondering what a seasoned note holder would do if you were in my shoes. I have a note that is non performing. It's in my backyard, I have it boarded with Peak Servicing (which you prob...
We are looking to do a live in flip in our current market. Here's the strategy: Purchase the home, live in until we move, place tenants, after 2 years, sell the property. The home is a 2/1 listed a 90k, I believe we...
It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
What interest rates are you getting from your current lender and what type of property?
Hello BP Community,I am looking to move from my current property to a new one in a different state. I currently hold a FHA loan on my first residence and I would like to house hack in a new city. I have talked with lo...
Hello to commercial lenders. I am a syndicator and multi-family investor that targets about 8 different markets across the U.S. Somebody in one of my investment meet-ups had brought up a term called "pre-review" which...
Help me out from the sellers perspective.Say the seller understands and agrees to concept knowing it stays on their credit.What, from the sellers perspective, protects them if I don’t pay? Say either I pass away or I ...
Hello,
I have a small real estate business where I own a few rentals and do some fix and flips. I want to start borrowing money from friends and family in order to grow my business. My question to you is if I need s...
I am beginning down my journey through a partnership and I’ve heard many BP podcasts and have read people doing them, but not much detail on what it actually entails on paper. For example how does ownership reflect in...