So I’m shopping around for a Hard Money loan. I found a lender that’s willing to work with me. The terms are 30% down, 16% interest for 12 months then balloon at the end of 12 months. No points upfront. How does this ...
We have an opportunity for a really sweet 50 unit off market deal 2 blocks from a well known college. Looking for creative financing for the down payment. How do you all structure your repayment for the hard money or ...
What's up BP!First of all, thank you Josh, Brandon, and all the great contributors for your tremendous knowledge!! Brief first post intro: I'm a B&H investor and have been reading & listening to BP for a while...
Hi! Recently joined BP and this is my first post... Looking to get into the STR business with a main goal to maximize cash flow and hopefully grow a little over the next few years. I have a couple of initial question...
Hello there,I am new to the forums though I have been an avid listener of the podcast for a while now. I purchased a condo as a buy and hold six months ago. My first tenant's boyfriend appeared almost immediately af...
Hello all, so here is the deal;
Bank owned property listed at 153k
After seeing, I offered 155k plus closing (7k) which brought my offer to 162,500k. Still not too bad but possibly too high for bank owned.
I elec...
Hi all,I am a newbie investor living in CA and I am just about to close my first rental purchase in IL. But, my CPA told me that since I live in CA and the rent is coming from IL, the rental income will be double taxe...
So I have been thinking about this a lot for the last few days. In a partneship, if one person is a money guy and the other is the rehab guy with a split for 80/20 or 60/40 (take your pick on the numbers). Now after r...
Greetings All,
I own a triplex and this summer I am working on getting it renovated so that it will be profitable and run itself. As of now utilities (electricity, water, gas and sewage) are a flat rate of $100 per u...
Calling all Dayton, OH area investors, is anyone willing to share a referral for a great CPA with experience navigating buy and hold and flip investments?Newbie investors here jumping into our first BRRR after househa...