I just got an email from a commercial realty group providing me with an NOI very close to what I am currently operating at and their suggested valuation of my property. I was surprised when I saw their valuation at al...
So I can't help but ask this question? So I live in a really nice apartment in the Wicker Park area in Chicago. I love the bldg. I've lived in two different units but I want to get into the multifamily game. At my pri...
Hey BP Lenders and Joint Venturers....I have a tough one and looking for guidance. Borrower came to me for $325K in a JV-Lending deal. Standard type deal where I lend the Acquisition and the quantified rehab (no for...
I am considering leasing one of my properties using a lease option strategy since I am having some trouble selling it as quick as I had hoped. I think this particular tenant will end up buying it in the end but they ...
Hi Everyone,
I'm debating whether or not to get my real estate license to invest in additional properties. Can anyone tell me how much money I should expect to outlay each year to have my license with a broker/firm ...
Hello all!I have a motivated seller (from Craigslist, btw) who wants to sell his house to avoid foreclosure. He says he's not in foreclosure yet...only forbearance for the next few months. He owe's about $3,000 to b...
Hi all,
I just joined BP after spending many hours reading through the wealth of information on this site. I am looking to get started in REI with a 2-4 family rental. I am fortunate to be in a situation to ...
Hello, I've been investing with my own money and the BRRRR investment strategy and have a question regarding private money lender agreements.Are there contract templates on the BP website or do any other members have ...
I've been recently reading two BP books and they touch on BRRRR from time to time (Also the podcasts I've listened to). My question is, can you Refinance before Renting? Has anyone ever put their own spin on BRRRR str...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,100
Cash invested: $35,000
Sale price: $235,000
3,610 sq. ft.
2-story colonial style
5 bedrooms
2 full, 2 ...