Hey all,I have some questions about how you have structured partnerships on flips. We have a friend who has the money to purchase the house. We will fund the renovation through personal cash and renovation loans. W...
I was wondering if any local investor that knows the brownstown/Woodhaven area could help me determine what kind of rent i might be able to fetch for this one...This is a newer construction home, built in 2004, in Br...
Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
I am thinking about the condos that are built for 4 non related inhabitants, like students or professionals going back home for the weekend. I have been owning one for a year now in Lake Park but there are a bunch of ...
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
I'm looking at the P&L for an apartment complex I'm considering as an opportunity to bring private money investors into - however, this is my first time doing a deal this size and I'm curious what I should do in m...
For those of you familiar with the real estate market in the Detroit area, you know that this is prime opportunity to build a real estate portfolio.
Why?
Let me ask you this - where else can you routinely find singl...
I just wanted to hear how some of you got started in real estate investing. Were you up at night watching infomercials? Did you see a friend investing? For me my parents owned real estate and as a child I saw a lot of...
I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
So I paid my money for the very basic course with Fortune Builders and it is packed full of great information covering the basics. I tried to find anything that would help on what I walked into, but to no avail. I l...