Michael Sawers
Investing in Raleigh
I am about to start a new project in Clayton, NC (30 min south of Raleigh). I move to the area on October 1st. My wife and I plan to purchase a house/townhome as our permanent residence which we will live in for the...
James Winters
Analysis help - Small multifamily
Hi all! I am new and I am trying to understand how to find a good deal so I am walking throughout an analysis of a small multi-unit from loopnet. It show up as a 12 CAP so I can’t understand how it could be a bad deal...
Travis Elliott
SUBJECT TO QUESTIONS AND ANSWERS...
Subject to is very new to me and very enticing.
The first question that I have is this. How do you talk a stranger into giving you title to his house and letting you rent it out. This is something that I would ne...
Alexander Ball
Avoiding the DTI ratio
I am about to start looking at some homes that I have scouted with a Realtor. My plan is to buy, hold, and rent the homes that I buy, but I am having a little bit of financing problems.
Mainly, I have no income. I ...
Dan Norton
Could be my first deal -- HELP pls with strategy ASAP?!?
OK guys, I'd like your thoughts on this one... [and I have to act fast, as I think I've got competition for this deal]
Just found a home with an out-of-state owner who says the home has 'become more of a burden than ...
Joshua Houchins
Any types of finding Investors?
I have found more than 20 deals in the last month but can't get any bank or private lender to back me. I've found that instead they buy my deals. I had this happen twice now I just keep my info to myself. I want to...
Paul Jamgotch
SDIRA Fees: These Seem OK?
$50 – application fee
$525 – annual administration fee ($90k-125K)
$95 – transaction fee
$30 – wire fee
I plan on funding 1-2 flip projects at a time (I'll be hands off other than visiting p...
Paul Williams
Deal Analysis
Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907...
Chris A.
4plex vs 10 plex
Hello, I am pretty comfortable evaluating deals up to 4 units and have a have some experience with how the expenses run for these.A great 10 plex just came up for sale by the bank, and I am curious how my analysis mig...
Dottie W.
Afraid but not paralyzed!
Hello,Im new to BP. I have no idea what im doing but im here. I have been interested in real estate for a few years but lacked the knowledge. Im still learning what to do and im at the point where I get ready to fin...